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Comparison · 2 models · Updated Oct 4, 2026

Mercury Edit 2 vs Gemini 3.1 Flash Lite

Gemini 3.1 Flash Lite comes out ahead, 73 to 35 on our weighted score, though Mercury Edit 2 is 33% cheaper per token.

  1. Inception

    Mercury Edit 2

    Released Mar 30, 2026

    35/100
    • ECI—
    • Price$0.25 / $0.75
    • Context32K
  2. Our pick

    Google

    Gemini 3.1 Flash Lite

    Released May 7, 2026

    73/100
    • ECI—
    • Price$0.25 / $1.50
    • Context1.05M
  3. Add a model

    Make it a three-way comparison.

01 — Verdict

Gemini 3.1 Flash Lite is our pick

Gemini 3.1 Flash Lite is the better all-round choice, scoring 73/100 against Mercury Edit 2 (35). It leads on inputs & features and context window. Mercury Edit 2 wins on price. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

  • CapabilityNot enough dataNo independent benchmark covers every model here yet
  • Lowest priceMercury Edit 2Mercury Edit 2 $0.375 · Gemini 3.1 Flash Lite $0.563 per 1M tokens (3:1 blend)
  • Longest contextGemini 3.1 Flash LiteGemini 3.1 Flash Lite 1,048,576 · Mercury Edit 2 32,000 tokens
  • Widest inputsGemini 3.1 Flash LiteMercury Edit 2: Text · Gemini 3.1 Flash Lite: Text, Images, PDFs, Audio, Video
  • Self-hostingNo open weightsBoth are available only through APIs
How the score is built
MeasureWeightMercury Edit 2Gemini 3.1 Flash Lite
Price50%7062
Inputs & features30%0100
Context window20%061
Overall100%35/10073/100

Left out because at least one model lacks the data: capability. The remaining weights were rescaled.

02 — Side by side

Every spec in one table

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

Mercury Edit 2 vs Gemini 3.1 Flash Lite specifications side by side
SpecificationMercury Edit 2InceptionGemini 3.1 Flash LiteGoogle
Capability
Capabilities Index (ECI)——
ECI rank——
Price per million tokens
Input$0.25$0.25
Output$0.75 (best)$1.50
Cached input$0.025$0.025
Blended (3:1)$0.375 (best)$0.563
Long-context rateSame rateSame rate
Price sourceOfficial Inception APIOfficial Google API
Limits
Context window32,000 tokens1,048,576 tokens (best)
Max output8,192 tokens65,536 tokens (best)
Inputs and features
TextYesYes
ImagesNoYes
PDFsNoYes
AudioNoYes
VideoNoYes
ReasoningNoYesminimal · low · medium · high
Tool callingNoYes
Structured outputNoYes
Availability
WeightsProprietaryProprietary
API model IDmercury-edit-2gemini-3.1-flash-lite
API providers123 (best)
ReleasedMar 30, 2026May 7, 2026
Knowledge cutoff—Jan 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.

  • Mercury Edit 2$4.00
  • Gemini 3.1 Flash Lite$5.50
04 — Questions

Which should you choose?

Which is better: Mercury Edit 2 or Gemini 3.1 Flash Lite?

Gemini 3.1 Flash Lite is the better all-round choice, scoring 73/100 against Mercury Edit 2 (35). It leads on inputs & features and context window. Mercury Edit 2 wins on price. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

Which is cheaper, Mercury Edit 2 or Gemini 3.1 Flash Lite?

Mercury Edit 2 is cheaper at $0.25 input / $0.75 output per million tokens (official Inception API price). Gemini 3.1 Flash Lite costs $0.25 input / $1.50 output per million tokens (official Google API price). At a typical mix of three input tokens to one output token, that is $0.375 per million tokens for Mercury Edit 2 versus $0.563 for Gemini 3.1 Flash Lite (1.5× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers both models yet. Mercury Edit 2 has not been scored yet and Gemini 3.1 Flash Lite has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Mercury Edit 2 and Gemini 3.1 Flash Lite yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. Note that Mercury Edit 2 does not support tool calling, which most coding agents need.

Which has the bigger context window?

Gemini 3.1 Flash Lite has the largest context window at 1,048,576 tokens, against 32,000 for Mercury Edit 2. Maximum output per response: Mercury Edit 2 up to 8,192, Gemini 3.1 Flash Lite up to 65,536 tokens.

Which can read images, PDFs, audio or video?

Mercury Edit 2 accepts text; Gemini 3.1 Flash Lite accepts text, images, PDFs, audio and video. Gemini 3.1 Flash Lite handles the widest range of inputs.

Are any of these open source?

No. Mercury Edit 2 and Gemini 3.1 Flash Lite are proprietary and only available through APIs and apps.

Which is newer?

Gemini 3.1 Flash Lite is the newest, released May 7, 2026. Mercury Edit 2 came out Mar 30, 2026. Knowledge cutoff: Gemini 3.1 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.