ZMIME
Comparison · 3 models · Updated Oct 4, 2026

GPT-5.4 nano vs Gemini 2.5 Flash-Lite vs MiniMax-M2.7

Gemini 2.5 Flash-Lite comes out ahead, 71 to 68 and 61 on our weighted score, and it is the cheaper option too.

  1. OpenAI

    GPT-5.4 nano

    Released Mar 17, 2026

    68/100
    • ECI145.8
    • Price$0.20 / $1.25
    • Context400K
  2. Our pick

    Google

    Gemini 2.5 Flash-Lite

    Released Jun 17, 2025

    71/100
    • ECI133.9
    • Price$0.10 / $0.40
    • Context1.05M
  3. MiniMax

    MiniMax-M2.7

    Released Mar 18, 2026

    61/100
    • ECI145.9
    • Price$0.30 / $1.20
    • Context205K
01 — Verdict

Gemini 2.5 Flash-Lite is our pick

Gemini 2.5 Flash-Lite is the better all-round choice, scoring 71/100 against GPT-5.4 nano (68) and MiniMax-M2.7 (61). It leads on price, inputs & features and context window. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

  • CapabilityMiniMax-M2.7Capabilities Index (ECI): MiniMax-M2.7 145.9 · GPT-5.4 nano 145.8 · Gemini 2.5 Flash-Lite 133.9
  • Lowest priceGemini 2.5 Flash-LiteGemini 2.5 Flash-Lite $0.175 · GPT-5.4 nano $0.463 · MiniMax-M2.7 $0.525 per 1M tokens (3:1 blend)
  • Longest contextGemini 2.5 Flash-LiteGemini 2.5 Flash-Lite 1,048,576 · GPT-5.4 nano 400,000 · MiniMax-M2.7 204,800 tokens
  • Widest inputsGemini 2.5 Flash-LiteGPT-5.4 nano: Text, Images · Gemini 2.5 Flash-Lite: Text, Images, PDFs, Audio, Video · MiniMax-M2.7: Text
  • Self-hostingMiniMax-M2.7Publishes downloadable weights
How the score is built
MeasureWeightGPT-5.4 nanoGemini 2.5 Flash-LiteMiniMax-M2.7
CapabilityCapabilities Index (ECI)50%735873
Price25%668663
Inputs & features15%7010035
Context window10%446132
Overall100%68/10071/10061/100
02 — Side by side

Every spec in one table

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

GPT-5.4 nano vs Gemini 2.5 Flash-Lite vs MiniMax-M2.7 specifications side by side
SpecificationGPT-5.4 nanoOpenAIGemini 2.5 Flash-LiteGoogleMiniMax-M2.7MiniMax
Capability
Capabilities Index (ECI)145.8133.9145.9 (best)
ECI rank#75 of 148#118 of 148#73 of 148 (best)
GPQA DiamondGraduate-level science questions78.5%——
FrontierMath Tiers 1–3Research-level mathematics44.9%——
OTIS Mock AIME 2024–2025Competition mathematics87.8%——
SimpleQA VerifiedShort factual questions11.7%——
Price per million tokens
Input$0.20$0.10 (best)$0.30
Output$1.25$0.40 (best)$1.20
Cached input$0.02$0.01 (best)$0.06
Blended (3:1)$0.463$0.175 (best)$0.525
Long-context rateSame rateSame rateSame rate
Price sourceOfficial OpenAI APIOfficial Google APIOfficial MiniMax (minimax.io) API
Limits
Context window400,000 tokens1,048,576 tokens (best)204,800 tokens
Max output128,000 tokens65,536 tokens131,072 tokens (best)
Inputs and features
TextYesYesYes
ImagesYesYesNo
PDFsNoYesNo
AudioNoYesNo
VideoNoYesNo
ReasoningYeslow · medium · high · xhighYesYes
Tool callingYesYesYes
Structured outputYesYesNo
Availability
WeightsProprietaryProprietaryOpen
API model IDgpt-5.4-nanogemini-2.5-flash-liteMiniMax-M2.7
API providers262029 (best)
ReleasedMar 17, 2026Jun 17, 2025Mar 18, 2026
Knowledge cutoffAug 31, 2025Jan 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-5.4 nano$4.50
  • Gemini 2.5 Flash-Lite$1.80
  • MiniMax-M2.7$5.40
04 — Questions

Which should you choose?

Which is better: GPT-5.4 nano, Gemini 2.5 Flash-Lite or MiniMax-M2.7?

Gemini 2.5 Flash-Lite is the better all-round choice, scoring 71/100 against GPT-5.4 nano (68) and MiniMax-M2.7 (61). It leads on price, inputs & features and context window. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

Which is cheaper, GPT-5.4 nano, Gemini 2.5 Flash-Lite or MiniMax-M2.7?

Gemini 2.5 Flash-Lite is cheaper at $0.10 input / $0.40 output per million tokens (official Google API price). GPT-5.4 nano costs $0.20 input / $1.25 output per million tokens (official OpenAI API price); MiniMax-M2.7 costs $0.30 input / $1.20 output per million tokens (official MiniMax (minimax.io) API price). At a typical mix of three input tokens to one output token, that is $0.175 per million tokens for Gemini 2.5 Flash-Lite versus $0.463 for GPT-5.4 nano (2.6× as much) and $0.525 for MiniMax-M2.7 (3× as much).

Which scores higher on benchmarks?

MiniMax-M2.7 scores higher on the Capabilities Index (ECI): MiniMax-M2.7 145.9 (#73 of 148), GPT-5.4 nano 145.8 (#75 of 148) and Gemini 2.5 Flash-Lite 133.9 (#118 of 148). The confidence ranges of the top two overlap (138.2–148.0 vs 143.2–147.7), so treat the gap as small.

Which is better for coding?

There are no published SWE-bench Verified results for GPT-5.4 nano, Gemini 2.5 Flash-Lite and MiniMax-M2.7 yet, so there is no like-for-like coding score. On overall capability, MiniMax-M2.7 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?

Gemini 2.5 Flash-Lite has the largest context window at 1,048,576 tokens, against 400,000 for GPT-5.4 nano and 204,800 for MiniMax-M2.7. Maximum output per response: GPT-5.4 nano up to 128,000, Gemini 2.5 Flash-Lite up to 65,536, MiniMax-M2.7 up to 131,072 tokens.

Which can read images, PDFs, audio or video?

GPT-5.4 nano accepts text and images; Gemini 2.5 Flash-Lite accepts text, images, PDFs, audio and video; MiniMax-M2.7 accepts text. Gemini 2.5 Flash-Lite handles the widest range of inputs.

Are any of these open source?

MiniMax-M2.7 publishes its weights and can be self-hosted; GPT-5.4 nano and Gemini 2.5 Flash-Lite is proprietary.

Which is newer?

MiniMax-M2.7 is the newest, released Mar 18, 2026. GPT-5.4 nano came out Mar 17, 2026; Gemini 2.5 Flash-Lite came out Jun 17, 2025. Knowledge cutoff: GPT-5.4 nano Aug 31, 2025, Gemini 2.5 Flash-Lite Jan 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.