MiMo-V2.5 vs Mercury Edit 2
MiMo-V2.5 comes out ahead, 79 to 35 on our weighted score, and it is the cheaper option too.
- Our pick
XiaomiMiMo-V2.5
79/100- ECI—
- Price$0.14 / $0.28
- Context1.05M
InceptionMercury Edit 2
35/100- ECI—
- Price$0.25 / $0.75
- Context32K
Add a model
Make it a three-way comparison.
MiMo-V2.5 is our pick
MiMo-V2.5 is the better all-round choice, scoring 79/100 against Mercury Edit 2 (35). It leads on price, inputs & features and context window. 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 priceMiMo-V2.5MiMo-V2.5 $0.175 · Mercury Edit 2 $0.375 per 1M tokens (3:1 blend)
- Longest contextMiMo-V2.5MiMo-V2.5 1,048,576 · Mercury Edit 2 32,000 tokens
- Widest inputsMiMo-V2.5MiMo-V2.5: Text, Images, Audio, Video · Mercury Edit 2: Text
- Self-hostingMiMo-V2.5Publishes downloadable weights
| Measure | Weight | MiMo-V2.5 | Mercury Edit 2 |
|---|---|---|---|
| Price | 50% | 86 | 70 |
| Inputs & features | 30% | 80 | 0 |
| Context window | 20% | 61 | 0 |
| Overall | 100% | 79/100 | 35/100 |
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 | MiMo-V2.5Xiaomi | Mercury Edit 2Inception |
|---|---|---|
| Capability | ||
| Capabilities Index (ECI) | — | — |
| ECI rank | — | — |
| Price per million tokens | ||
| Input | $0.14 (best) | $0.25 |
| Output | $0.28 (best) | $0.75 |
| Cached input | $0.0028 (best) | $0.025 |
| Blended (3:1) | $0.175 (best) | $0.375 |
| Long-context rate | Same rate | Same rate |
| Price source | Official Xiaomi API | Official Inception API |
| Limits | ||
| Context window | 1,048,576 tokens (best) | 32,000 tokens |
| Max output | 131,072 tokens (best) | 8,192 tokens |
| Inputs and features | ||
| Text | Yes | Yes |
| Images | Yes | No |
| PDFs | No | No |
| Audio | Yes | No |
| Video | Yes | No |
| Reasoning | Yes | No |
| Tool calling | Yes | No |
| Structured output | No | No |
| Availability | ||
| Weights | Open | Proprietary |
| API model ID | mimo-v2.5 | mercury-edit-2 |
| API providers | 21 (best) | 1 |
| Released | Apr 22, 2026 | Mar 30, 2026 |
| Knowledge cutoff | Dec 2024 | — |
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$1.96
- Mercury Edit 2$4.00
Which should you choose?
Which is better: MiMo-V2.5 or Mercury Edit 2?
MiMo-V2.5 is the better all-round choice, scoring 79/100 against Mercury Edit 2 (35). It leads on price, inputs & features and context window. 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 or Mercury Edit 2?
MiMo-V2.5 is cheaper at $0.14 input / $0.28 output per million tokens (official Xiaomi API price). Mercury Edit 2 costs $0.25 input / $0.75 output per million tokens (official Inception API price). At a typical mix of three input tokens to one output token, that is $0.175 per million tokens for MiMo-V2.5 versus $0.375 for Mercury Edit 2 (2.1× as much).
Which scores higher on benchmarks?
There is no independent benchmark that covers both models yet. MiMo-V2.5 has not been scored yet and Mercury Edit 2 has not been scored yet.
Which is better for coding?
There are no published SWE-bench Verified results for MiMo-V2.5 and Mercury Edit 2 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 has the largest context window at 1,048,576 tokens, against 32,000 for Mercury Edit 2. Maximum output per response: MiMo-V2.5 up to 131,072, Mercury Edit 2 up to 8,192 tokens.
Which can read images, PDFs, audio or video?
MiMo-V2.5 accepts text, images, audio and video; Mercury Edit 2 accepts text. MiMo-V2.5 handles the widest range of inputs.
Are any of these open source?
MiMo-V2.5 publishes its weights and can be self-hosted; Mercury Edit 2 is proprietary.
Which is newer?
MiMo-V2.5 is the newest, released Apr 22, 2026. Mercury Edit 2 came out Mar 30, 2026. Knowledge cutoff: MiMo-V2.5 Dec 2024.
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.
