ZMIME
Comparison · 2 models · Updated Oct 4, 2026

GLM-5 vs MiniMax-M2.5

MiniMax-M2.5 comes out ahead, 61 to 55 on our weighted score, and it is the cheaper option too.

  1. Z.ai (Zhipu)

    GLM-5

    Released Feb 12, 2026

    55/100
    • ECI145.8
    • Price$1.00 / $3.20
    • Context205K
  2. Our pick

    MiniMax

    MiniMax-M2.5

    Released Feb 12, 2026

    61/100
    • ECI146.7
    • Price$0.30 / $1.20
    • Context205K
  3. Add a model

    Make it a three-way comparison.

01 — Verdict

MiniMax-M2.5 is our pick

MiniMax-M2.5 is the better all-round choice, scoring 61/100 against GLM-5 (55). It leads on price. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

  • CapabilityMiniMax-M2.5Capabilities Index (ECI): MiniMax-M2.5 146.7 · GLM-5 145.8
  • Lowest priceMiniMax-M2.5MiniMax-M2.5 $0.525 · GLM-5 $1.55 per 1M tokens (3:1 blend)
  • Longest contextAbout the sameGLM-5 204,800 · MiniMax-M2.5 204,800 tokens
  • Widest inputsSame inputsGLM-5: Text · MiniMax-M2.5: Text
  • Self-hostingAll open weightsEvery model here can be downloaded and run on your own hardware
How the score is built
MeasureWeightGLM-5MiniMax-M2.5
CapabilityCapabilities Index (ECI)50%7374
Price25%4163
Inputs & features15%3535
Context window10%3232
Overall100%55/10061/100
02 — Side by side

Every spec in one table

Highlighted cells lead their row. Dashes mean the data is not published.

GLM-5 vs MiniMax-M2.5 specifications side by side
SpecificationGLM-5Z.ai (Zhipu)MiniMax-M2.5MiniMax
Capability
Capabilities Index (ECI)145.8146.7 (best)
ECI rank#74 of 148#66 of 148 (best)
GPQA DiamondGraduate-level science questions87.8%—
OTIS Mock AIME 2024–2025Competition mathematics80.0%—
SWE-bench VerifiedFixing real GitHub issues72.1%—
Price per million tokens
Input$1.00$0.30 (best)
Output$3.20$1.20 (best)
Cached input$0.20$0.03 (best)
Blended (3:1)$1.55$0.525 (best)
Long-context rateSame rateSame rate
Price sourceOfficial Z.AI APIOfficial MiniMax (minimax.io) API
Limits
Context window204,800 tokens204,800 tokens
Max output131,072 tokens131,072 tokens
Inputs and features
TextYesYes
ImagesNoNo
PDFsNoNo
AudioNoNo
VideoNoNo
ReasoningYesYes
Tool callingYesYes
Structured outputNoNo
Availability
WeightsOpenOpen
API model IDglm-5MiniMax-M2.5
API providers27 (best)21
ReleasedFeb 12, 2026Feb 12, 2026
Knowledge cutoff——
03 — Cost

What would a month cost?

Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.

  • GLM-5$16.40
  • MiniMax-M2.5$5.40
04 — Questions

Which should you choose?

Which is better: GLM-5 or MiniMax-M2.5?

MiniMax-M2.5 is the better all-round choice, scoring 61/100 against GLM-5 (55). It leads on price. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

Which is cheaper, GLM-5 or MiniMax-M2.5?

MiniMax-M2.5 is cheaper at $0.30 input / $1.20 output per million tokens (official MiniMax (minimax.io) API price). GLM-5 costs $1.00 input / $3.20 output per million tokens (official Z.AI API price). At a typical mix of three input tokens to one output token, that is $0.525 per million tokens for MiniMax-M2.5 versus $1.55 for GLM-5 (3× as much).

Which scores higher on benchmarks?

MiniMax-M2.5 scores higher on the Capabilities Index (ECI): MiniMax-M2.5 146.7 (#66 of 148) and GLM-5 145.8 (#74 of 148). The confidence ranges of the top two overlap (142.3–147.9 vs 143.9–147.7), so treat the gap as small.

Which is better for coding?

There are no published SWE-bench Verified results for MiniMax-M2.5 yet, so there is no like-for-like coding score. On overall capability, MiniMax-M2.5 leads, which tends to carry over to coding, but test on your own codebase. Both support tool calling for agent workflows.

Which has the bigger context window?

GLM-5 and MiniMax-M2.5 share the same 204,800-token context window. Maximum output per response: GLM-5 up to 131,072, MiniMax-M2.5 up to 131,072 tokens.

Which can read images, PDFs, audio or video?

GLM-5 accepts text; MiniMax-M2.5 accepts text. They handle the same number of input types.

Are any of these open source?

Yes, both publish their weights, so you can self-host them.

Which is newer?

GLM-5 is the newest, released Feb 12, 2026. MiniMax-M2.5 came out Feb 12, 2026.

How do you decide the winner?

Each model gets a 0–100 score on capability (50%, independent benchmark results); price (25%, blended price per million tokens (3 input : 1 output), log scale); inputs & features (15%, image, PDF, audio and video input, tool calling, structured output and reasoning); context window (10%, maximum tokens per request, log scale). Dimensions missing for any model are dropped and the remaining weights rescaled, so every model is judged on the same evidence. Specs and prices come from public model listings and the labs’ own API pages; capability scores come from independent benchmark runs. Data updated Oct 4, 2026.