ZMIME
Comparison · 3 models · Updated Oct 4, 2026

GPT-4.1 mini vs MiniMax-M2.5 vs Mistral Medium 3

Too close to call on our weighted score (MiniMax-M2.5 61, GPT-4.1 mini 60, Mistral Medium 3 53). The right pick depends on what you value most.

  1. OpenAI

    GPT-4.1 mini

    Released Apr 14, 2025

    60/100
    • ECI135.0
    • Price$0.40 / $1.60
    • Context1.05M
  2. MiniMax

    MiniMax-M2.5

    Released Feb 12, 2026

    61/100
    • ECI146.7
    • Price$0.30 / $1.20
    • Context205K
  3. Mistral AI

    Mistral Medium 3

    Released May 7, 2025

    53/100
    • ECI134.1
    • Price$0.40 / $2.00
    • Context131K
01 — Verdict

Too close to call

It is close. Our weighted score puts them within a point (MiniMax-M2.5 61/100, GPT-4.1 mini 60/100, Mistral Medium 3 53/100), so choose by what matters most for your work: MiniMax-M2.5 for raw capability and GPT-4.1 mini for long inputs. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

  • CapabilityMiniMax-M2.5Capabilities Index (ECI): MiniMax-M2.5 146.7 · GPT-4.1 mini 135.0 · Mistral Medium 3 134.1
  • Lowest priceMiniMax-M2.5MiniMax-M2.5 $0.525 · GPT-4.1 mini $0.70 · Mistral Medium 3 $0.80 per 1M tokens (3:1 blend)
  • Longest contextGPT-4.1 miniGPT-4.1 mini 1,047,576 · MiniMax-M2.5 204,800 · Mistral Medium 3 131,072 tokens
  • Widest inputsGPT-4.1 miniGPT-4.1 mini: Text, Images, PDFs · MiniMax-M2.5: Text · Mistral Medium 3: Text, Images
  • Self-hostingMiniMax-M2.5Publishes downloadable weights
How the score is built
MeasureWeightGPT-4.1 miniMiniMax-M2.5Mistral Medium 3
CapabilityCapabilities Index (ECI)50%597458
Price25%576354
Inputs & features15%703550
Context window10%613224
Overall100%60/10061/10053/100
02 — Side by side

Every spec in one table

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

GPT-4.1 mini vs MiniMax-M2.5 vs Mistral Medium 3 specifications side by side
SpecificationGPT-4.1 miniOpenAIMiniMax-M2.5MiniMaxMistral Medium 3Mistral AI
Capability
Capabilities Index (ECI)135.0146.7 (best)134.1
ECI rank#115 of 148#66 of 148 (best)#117 of 148
GPQA DiamondGraduate-level science questions65.9% (best)—59.5%
FrontierMath Tiers 1–3Research-level mathematics6.7%——
OTIS Mock AIME 2024–2025Competition mathematics44.7% (best)—32.2%
SimpleQA VerifiedShort factual questions12.7%——
Price per million tokens
Input$0.40$0.30 (best)$0.40
Output$1.60$1.20 (best)$2.00
Cached input$0.10$0.03 (best)—
Blended (3:1)$0.70$0.525 (best)$0.80
Long-context rateSame rateSame rateSame rate
Price sourceOfficial OpenAI APIOfficial MiniMax (minimax.io) APIOfficial Mistral API
Limits
Context window1,047,576 tokens (best)204,800 tokens131,072 tokens
Max output32,768 tokens131,072 tokens (best)131,072 tokens (best)
Inputs and features
TextYesYesYes
ImagesYesNoYes
PDFsYesNoNo
AudioNoNoNo
VideoNoNoNo
ReasoningNoYesNo
Tool callingYesYesYes
Structured outputYesNoNo
Availability
WeightsProprietaryOpenProprietary
API model IDgpt-4.1-miniMiniMax-M2.5mistral-medium-2505
API providers24 (best)215
ReleasedApr 14, 2025Feb 12, 2026May 7, 2025
Knowledge cutoffApr 2024—May 2025
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.

  • GPT-4.1 mini$7.20
  • MiniMax-M2.5$5.40
  • Mistral Medium 3$8.00
04 — Questions

Which should you choose?

Which is better: GPT-4.1 mini, MiniMax-M2.5 or Mistral Medium 3?

It is close. Our weighted score puts them within a point (MiniMax-M2.5 61/100, GPT-4.1 mini 60/100, Mistral Medium 3 53/100), so choose by what matters most for your work: MiniMax-M2.5 for raw capability and GPT-4.1 mini for long inputs. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

Which is cheaper, GPT-4.1 mini, MiniMax-M2.5 or Mistral Medium 3?

MiniMax-M2.5 is cheaper at $0.30 input / $1.20 output per million tokens (official MiniMax (minimax.io) API price). GPT-4.1 mini costs $0.40 input / $1.60 output per million tokens (official OpenAI API price); Mistral Medium 3 costs $0.40 input / $2.00 output per million tokens (official Mistral 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 $0.70 for GPT-4.1 mini (1.3× as much) and $0.80 for Mistral Medium 3 (1.5× 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), GPT-4.1 mini 135.0 (#115 of 148) and Mistral Medium 3 134.1 (#117 of 148). Their confidence ranges do not overlap (142.3–147.9 vs 131.2–136.6), so the gap is a real one.

Which is better for coding?

There are no published SWE-bench Verified results for GPT-4.1 mini, MiniMax-M2.5 and Mistral Medium 3 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. All three support tool calling for agent workflows.

Which has the bigger context window?

GPT-4.1 mini has the largest context window at 1,047,576 tokens, against 204,800 for MiniMax-M2.5 and 131,072 for Mistral Medium 3. Maximum output per response: GPT-4.1 mini up to 32,768, MiniMax-M2.5 up to 131,072, Mistral Medium 3 up to 131,072 tokens.

Which can read images, PDFs, audio or video?

GPT-4.1 mini accepts text, images and PDFs; MiniMax-M2.5 accepts text; Mistral Medium 3 accepts text and images. GPT-4.1 mini handles the widest range of inputs.

Are any of these open source?

MiniMax-M2.5 publishes its weights and can be self-hosted; GPT-4.1 mini and Mistral Medium 3 is proprietary.

Which is newer?

MiniMax-M2.5 is the newest, released Feb 12, 2026. Mistral Medium 3 came out May 7, 2025; GPT-4.1 mini came out Apr 14, 2025. Knowledge cutoff: GPT-4.1 mini Apr 2024, Mistral Medium 3 May 2025.

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.