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Comparison · 3 models · Updated Oct 4, 2026

MiniMax-M2 Her vs MiMo-V2.5-Pro vs Qwen3 Coder Next

Too close to call on our weighted score (MiMo-V2.5-Pro 54, Qwen3 Coder Next 51, MiniMax-M2 Her 45). The right pick depends on what you value most.

  1. MiniMax

    MiniMax-M2 Her

    Released Jan 23, 2026

    45/100
    • ECI—
    • Price$0.30 / $1.20
    • Context66K
  2. Xiaomi

    MiMo-V2.5-Pro

    Released Apr 22, 2026

    54/100
    • ECI—
    • Price$0.435 / $0.87
    • Context1.05M
  3. Alibaba (Qwen)

    Qwen3 Coder Next

    Released Feb 3, 2026

    51/100
    • ECI—
    • Price$0.20 / $1.20
    • Context262K
01 — Verdict

Too close to call

It is close. Our weighted score puts them within 3 points (MiMo-V2.5-Pro 54/100, Qwen3 Coder Next 51/100, MiniMax-M2 Her 45/100), so choose by what matters most for your work: Qwen3 Coder Next on price and MiMo-V2.5-Pro for long inputs. 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 priceQwen3 Coder NextQwen3 Coder Next $0.45 · MiniMax-M2 Her $0.525 · MiMo-V2.5-Pro $0.544 per 1M tokens (3:1 blend)
  • Longest contextMiMo-V2.5-ProMiMo-V2.5-Pro 1,048,576 · Qwen3 Coder Next 262,144 · MiniMax-M2 Her 65,536 tokens
  • Widest inputsSame inputsMiniMax-M2 Her: Text · MiMo-V2.5-Pro: Text · Qwen3 Coder Next: Text
  • Self-hostingMiMo-V2.5-Pro and Qwen3 Coder NextPublishes downloadable weights
How the score is built
MeasureWeightMiniMax-M2 HerMiMo-V2.5-ProQwen3 Coder Next
Price50%636266
Inputs & features30%353535
Context window20%126137
Overall100%45/10054/10051/100

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.

MiniMax-M2 Her vs MiMo-V2.5-Pro vs Qwen3 Coder Next specifications side by side
SpecificationMiniMax-M2 HerMiniMaxMiMo-V2.5-ProXiaomiQwen3 Coder NextAlibaba (Qwen)
Capability
Capabilities Index (ECI)———
ECI rank———
Price per million tokens
Input$0.30$0.435$0.20 (best)
Output$1.20$0.87 (best)$1.20
Cached input—$0.0036—
Blended (3:1)$0.525$0.544$0.45 (best)
Long-context rateSame rateSame rateSame rate
Price sourceMedian of 4 providersOfficial Xiaomi APIMedian of 11 providers
Limits
Context window65,536 tokens1,048,576 tokens (best)262,144 tokens
Max output2,048 tokens131,072 tokens (best)65,536 tokens
Inputs and features
TextYesYesYes
ImagesNoNoNo
PDFsNoNoNo
AudioNoNoNo
VideoNoNoNo
ReasoningYesYesNo
Tool callingYesYesYes
Structured outputNoNoYes
Availability
WeightsProprietaryOpenOpen
API model ID—mimo-v2.5-pro—
API providers420 (best)11
ReleasedJan 23, 2026Apr 22, 2026Feb 3, 2026
Knowledge cutoff—Dec 2024Sep 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.

  • MiniMax-M2 Her$5.40
  • MiMo-V2.5-Pro$6.09
  • Qwen3 Coder Next$4.40
04 — Questions

Which should you choose?

Which is better: MiniMax-M2 Her, MiMo-V2.5-Pro or Qwen3 Coder Next?

It is close. Our weighted score puts them within 3 points (MiMo-V2.5-Pro 54/100, Qwen3 Coder Next 51/100, MiniMax-M2 Her 45/100), so choose by what matters most for your work: Qwen3 Coder Next on price and MiMo-V2.5-Pro for long inputs. 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, MiniMax-M2 Her, MiMo-V2.5-Pro or Qwen3 Coder Next?

Qwen3 Coder Next is cheaper at $0.20 input / $1.20 output per million tokens (median across 11 API providers). MiniMax-M2 Her costs $0.30 input / $1.20 output per million tokens (median across 4 API providers); MiMo-V2.5-Pro costs $0.435 input / $0.87 output per million tokens (official Xiaomi API price). At a typical mix of three input tokens to one output token, that is $0.45 per million tokens for Qwen3 Coder Next versus $0.525 for MiniMax-M2 Her (1.2× as much) and $0.544 for MiMo-V2.5-Pro (1.2× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers all three models yet. MiniMax-M2 Her has not been scored yet, MiMo-V2.5-Pro has not been scored yet and Qwen3 Coder Next has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for MiniMax-M2 Her, MiMo-V2.5-Pro and Qwen3 Coder Next yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. All three support tool calling for agent workflows.

Which has the bigger context window?

MiMo-V2.5-Pro has the largest context window at 1,048,576 tokens, against 262,144 for Qwen3 Coder Next and 65,536 for MiniMax-M2 Her. Maximum output per response: MiniMax-M2 Her up to 2,048, MiMo-V2.5-Pro up to 131,072, Qwen3 Coder Next up to 65,536 tokens.

Which can read images, PDFs, audio or video?

MiniMax-M2 Her accepts text; MiMo-V2.5-Pro accepts text; Qwen3 Coder Next accepts text. They handle the same number of input types.

Are any of these open source?

MiMo-V2.5-Pro and Qwen3 Coder Next publishes its weights and can be self-hosted; MiniMax-M2 Her is proprietary.

Which is newer?

MiMo-V2.5-Pro is the newest, released Apr 22, 2026. Qwen3 Coder Next came out Feb 3, 2026; MiniMax-M2 Her came out Jan 23, 2026. Knowledge cutoff: MiMo-V2.5-Pro Dec 2024, Qwen3 Coder Next Sep 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.