MiMo-V2.5-Pro vs Mercury Edit 2 vs Gemini 3.1 Flash Lite
Gemini 3.1 Flash Lite comes out ahead, 73 to 54 and 35 on our weighted score, though Mercury Edit 2 is 33% cheaper per token.
Xiaomi
MiMo-V2.5-Pro
54/100- ECI—
- Price$0.435 / $0.87
- Context1.05M
Inception
Mercury Edit 2
35/100- ECI—
- Price$0.25 / $0.75
- Context32K
- Our pick
Google
Gemini 3.1 Flash Lite
73/100- ECI—
- Price$0.25 / $1.50
- Context1.05M
Gemini 3.1 Flash Lite is our pick
Gemini 3.1 Flash Lite is the better all-round choice, scoring 73/100 against MiMo-V2.5-Pro (54) and Mercury Edit 2 (35). It leads on inputs & features. 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 · MiMo-V2.5-Pro $0.544 · Gemini 3.1 Flash Lite $0.563 per 1M tokens (3:1 blend)
- Longest contextMiMo-V2.5-Pro and Gemini 3.1 Flash LiteMiMo-V2.5-Pro 1,048,576 · Gemini 3.1 Flash Lite 1,048,576 · Mercury Edit 2 32,000 tokens
- Widest inputsGemini 3.1 Flash LiteMiMo-V2.5-Pro: Text · Mercury Edit 2: Text · Gemini 3.1 Flash Lite: Text, Images, PDFs, Audio, Video
- Self-hostingMiMo-V2.5-ProPublishes downloadable weights
| Measure | Weight | MiMo-V2.5-Pro | Mercury Edit 2 | Gemini 3.1 Flash Lite |
|---|---|---|---|---|
| Price | 50% | 62 | 70 | 62 |
| Inputs & features | 30% | 35 | 0 | 100 |
| Context window | 20% | 61 | 0 | 61 |
| Overall | 100% | 54/100 | 35/100 | 73/100 |
Left out because at least one model lacks the data: capability. The remaining weights were rescaled.
Every spec in one table
Highlighted cells lead their row. Dashes mean the data is not published.
| Specification | |||
|---|---|---|---|
| Capability | |||
| Capabilities Index (ECI) | — | — | — |
| ECI rank | — | — | — |
| Price per million tokens | |||
| Input | $0.435 | $0.25 (best) | $0.25 (best) |
| Output | $0.87 | $0.75 (best) | $1.50 |
| Cached input | $0.0036 (best) | $0.025 | $0.025 |
| Blended (3:1) | $0.544 | $0.375 (best) | $0.563 |
| Long-context rate | Same rate | Same rate | Same rate |
| Price source | Official Xiaomi API | Official Inception API | Official Google API |
| Limits | |||
| Context window | 1,048,576 tokens (best) | 32,000 tokens | 1,048,576 tokens (best) |
| Max output | 131,072 tokens (best) | 8,192 tokens | 65,536 tokens |
| Inputs and features | |||
| Text | Yes | Yes | Yes |
| Images | No | No | Yes |
| PDFs | No | No | Yes |
| Audio | No | No | Yes |
| Video | No | No | Yes |
| Reasoning | Yes | No | Yesminimal · low · medium · high |
| Tool calling | Yes | No | Yes |
| Structured output | No | No | Yes |
| Availability | |||
| Weights | Open | Proprietary | Proprietary |
| API model ID | mimo-v2.5-pro | mercury-edit-2 | gemini-3.1-flash-lite |
| API providers | 20 | 1 | 23 (best) |
| Released | Apr 22, 2026 | Mar 30, 2026 | May 7, 2026 |
| Knowledge cutoff | Dec 2024 | — | Jan 2025 |
What would a month cost?
Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.
MiMo-V2.5-Pro$6.09
Mercury Edit 2$4.00
Gemini 3.1 Flash Lite$5.50
Which should you choose?
Which is better: MiMo-V2.5-Pro, Mercury Edit 2 or Gemini 3.1 Flash Lite?
Gemini 3.1 Flash Lite is the better all-round choice, scoring 73/100 against MiMo-V2.5-Pro (54) and Mercury Edit 2 (35). It leads on inputs & features. 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, MiMo-V2.5-Pro, 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). MiMo-V2.5-Pro costs $0.435 input / $0.87 output per million tokens (official Xiaomi 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 $0.544 for MiMo-V2.5-Pro (1.5× as much) and $0.563 for Gemini 3.1 Flash Lite (1.5× as much).
Which scores higher on benchmarks?
There is no independent benchmark that covers all three models yet. MiMo-V2.5-Pro has not been scored 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 MiMo-V2.5-Pro, 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?
MiMo-V2.5-Pro and Gemini 3.1 Flash Lite have the largest context windows (1,048,576 and 1,048,576 tokens), against 32,000 for Mercury Edit 2. Maximum output per response: MiMo-V2.5-Pro up to 131,072, 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?
MiMo-V2.5-Pro accepts text; 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?
MiMo-V2.5-Pro publishes its weights and can be self-hosted; Mercury Edit 2 and Gemini 3.1 Flash Lite is proprietary.
Which is newer?
Gemini 3.1 Flash Lite is the newest, released May 7, 2026. MiMo-V2.5-Pro came out Apr 22, 2026; Mercury Edit 2 came out Mar 30, 2026. Knowledge cutoff: MiMo-V2.5-Pro Dec 2024, 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.