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Comparison · 3 models · Updated Oct 4, 2026

Step 3.5 Flash 2603 vs MiMo-V2.5 vs Gemma 4 E4B IT

MiMo-V2.5 comes out ahead, 79 to 76 and 62 on our weighted score, though Gemma 4 E4B IT is 31% cheaper per token.

  1. StepFun

    Step 3.5 Flash 2603

    Released Apr 2, 2026

    62/100
    • ECI—
    • Price$0.10 / $0.30
    • Context256K
  2. Our pick

    Xiaomi

    MiMo-V2.5

    Released Apr 22, 2026

    79/100
    • ECI—
    • Price$0.14 / $0.28
    • Context1.05M
  3. Google

    Gemma 4 E4B IT

    Released Apr 2, 2026

    76/100
    • ECI—
    • Price$0.11 / $0.15
    • Context131K
01 — Verdict

MiMo-V2.5 is our pick

MiMo-V2.5 is the better all-round choice, scoring 79/100 against Gemma 4 E4B IT (76) and Step 3.5 Flash 2603 (62). It leads on context window. Gemma 4 E4B IT 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 priceGemma 4 E4B ITGemma 4 E4B IT $0.12 · Step 3.5 Flash 2603 $0.15 · MiMo-V2.5 $0.175 per 1M tokens (3:1 blend)
  • Longest contextMiMo-V2.5MiMo-V2.5 1,048,576 · Step 3.5 Flash 2603 256,000 · Gemma 4 E4B IT 131,072 tokens
  • Widest inputsMiMo-V2.5Step 3.5 Flash 2603: Text · MiMo-V2.5: Text, Images, Audio, Video · Gemma 4 E4B IT: Text, Images, Audio
  • Self-hostingAll open weightsEvery model here can be downloaded and run on your own hardware
How the score is built
MeasureWeightStep 3.5 Flash 2603MiMo-V2.5Gemma 4 E4B IT
Price50%898694
Inputs & features30%358080
Context window20%366124
Overall100%62/10079/10076/100

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.

Step 3.5 Flash 2603 vs MiMo-V2.5 vs Gemma 4 E4B IT specifications side by side
SpecificationStep 3.5 Flash 2603StepFunMiMo-V2.5XiaomiGemma 4 E4B ITGoogle
Capability
Capabilities Index (ECI)———
ECI rank———
Price per million tokens
Input$0.10 (best)$0.14$0.11
Output$0.30$0.28$0.15 (best)
Cached input$0.02$0.0028 (best)—
Blended (3:1)$0.15$0.175$0.12 (best)
Long-context rateSame rateSame rateSame rate
Price sourceOfficial StepFun (Global) APIOfficial Xiaomi APIMedian of 2 providers
Limits
Context window256,000 tokens1,048,576 tokens (best)131,072 tokens
Max output256,000 tokens (best)131,072 tokens8,192 tokens
Inputs and features
TextYesYesYes
ImagesNoYesYes
PDFsNoNoNo
AudioNoYesYes
VideoNoYesNo
ReasoningYeslow · highYesYes
Tool callingYesYesYes
Structured outputNoNoYes
Availability
WeightsOpenOpenOpen
API model IDstep-3.5-flash-2603mimo-v2.5—
API providers321 (best)2
ReleasedApr 2, 2026Apr 22, 2026Apr 2, 2026
Knowledge cutoffJan 2025Dec 2024—
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.

  • Step 3.5 Flash 2603$1.60
  • MiMo-V2.5$1.96
  • Gemma 4 E4B IT$1.40
04 — Questions

Which should you choose?

Which is better: Step 3.5 Flash 2603, MiMo-V2.5 or Gemma 4 E4B IT?

MiMo-V2.5 is the better all-round choice, scoring 79/100 against Gemma 4 E4B IT (76) and Step 3.5 Flash 2603 (62). It leads on context window. Gemma 4 E4B IT 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, Step 3.5 Flash 2603, MiMo-V2.5 or Gemma 4 E4B IT?

Gemma 4 E4B IT is cheaper at $0.11 input / $0.15 output per million tokens (median across 2 API providers). Step 3.5 Flash 2603 costs $0.10 input / $0.30 output per million tokens (official StepFun (Global) API price); MiMo-V2.5 costs $0.14 input / $0.28 output per million tokens (official Xiaomi API price). At a typical mix of three input tokens to one output token, that is $0.12 per million tokens for Gemma 4 E4B IT versus $0.15 for Step 3.5 Flash 2603 (1.3× as much) and $0.175 for MiMo-V2.5 (1.5× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers all three models yet. Step 3.5 Flash 2603 has not been scored yet, MiMo-V2.5 has not been scored yet and Gemma 4 E4B IT has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Step 3.5 Flash 2603, MiMo-V2.5 and Gemma 4 E4B IT 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 has the largest context window at 1,048,576 tokens, against 256,000 for Step 3.5 Flash 2603 and 131,072 for Gemma 4 E4B IT. Maximum output per response: Step 3.5 Flash 2603 up to 256,000, MiMo-V2.5 up to 131,072, Gemma 4 E4B IT up to 8,192 tokens.

Which can read images, PDFs, audio or video?

Step 3.5 Flash 2603 accepts text; MiMo-V2.5 accepts text, images, audio and video; Gemma 4 E4B IT accepts text, images and audio. MiMo-V2.5 handles the widest range of inputs.

Are any of these open source?

Yes, all three publish their weights, so you can self-host them.

Which is newer?

MiMo-V2.5 is the newest, released Apr 22, 2026. Step 3.5 Flash 2603 came out Apr 2, 2026; Gemma 4 E4B IT came out Apr 2, 2026. Knowledge cutoff: Step 3.5 Flash 2603 Jan 2025, 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.