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GPT-4o (2024-11-20) vs Mercury 2.5

Mercury 2.5 leads GPT-4o (2024-11-20) on the Artificial Analysis Intelligence Index, 12.3 to 8.4, and Mercury 2.5 costs 66.7x less per output token ($0.15 vs $10.00 per million). Updated October 23, 2026; 2 benchmarks have a result for both.

GPT-4o (2024-11-20)OpenAI
Coding
No data
Overall
No data
Output $/M
$10.00
0
Mercury 2.5Inception
Coding
1.6
Overall
No data
Output $/M
$0.15
2
vs boards won of 2 shared

GPT-4o (2024-11-20) or Mercury 2.5: which to pick

Only Mercury 2.5 has a coding score, 1.6 on the Vibe Coding Index; GPT-4o (2024-11-20) has none, so the two cannot be ranked on coding.

Compare them on price, context and the boards below.

Shared results
2
GPT-4o (2024-11-20) only
22
Mercury 2.5 only
20
Like-for-like categories
2 of 9

Only benchmarks that tested both models count toward a pick; a result only one model has is shown but not compared.

Which one for your work

Each card is decided by one number both models carry. Where only one has it, the card says so and makes no call.

At a glance

Coding index
GPT-4o (2024-11-20) not benchmarked, Mercury 2.5 1.6 from 2 benchmarks.
Widest category
Intelligence, 3.9 points apart on average over 1 shared benchmark.
Widest single gap
AA Intelligence Index: GPT-4o (2024-11-20) 8.4 against Mercury 2.5 12.3, 3.9 points apart on a 0 to 100 scale.
Output price
GPT-4o (2024-11-20) $10.00 against Mercury 2.5 $0.15 per million output tokens, 66.7x apart.
Context window
GPT-4o (2024-11-20) takes 128K tokens, Mercury 2.5 260K.

Benchmark by benchmark

First the score: boards each model leads, per category, where both have a result. Then every board, a category to a fold; bars are each result on a 0 to 100 scale, so compare the two in a row, not one row with another.

Boards won, where both have a result
CategoryGPT-4o (2024-11-20)BarsMercury 2.5Ties
Intelligence01
Knowledge01
All shared boards02
CodingDirectional onlySix of these boards feed the Vibe Coding Index14 boards, none shared
Coding benchmarks for GPT-4o (2024-11-20) and Mercury 2.5
BenchmarkGPT-4o (2024-11-20)Mercury 2.5Leader
Aider polyglot18.2%Not measuredOnly GPT-4o (2024-11-20) measured
LiveCodeBench (Vals AI)43.4%Not measuredOnly GPT-4o (2024-11-20) measured
Terminal-Bench 4 (Vals AI)Not measured0.0%Only Mercury 2.5 measured
Vibe Code Bench (Vals AI)Not measured3.7%Only Mercury 2.5 measured
Code migration (Vals AI)Not measured4.5%Only Mercury 2.5 measured
IOI (Vals AI)Not measured2.4%Only Mercury 2.5 measured
Terminal-Bench 2.1 (Vals AI)Not measured34.5%Only Mercury 2.5 measured
SkillsBench (Vals AI)Not measured18.1%Only Mercury 2.5 measured
CyberBench (Vals AI)Not measured45.5%Only Mercury 2.5 measured
SciCodeNot measured38.5%Only Mercury 2.5 measured
GSO-Bench0.0%Not measuredOnly GPT-4o (2024-11-20) measured
WeirdML25.1%Not measuredOnly GPT-4o (2024-11-20) measured
Cybench12.5%Not measuredOnly GPT-4o (2024-11-20) measured
ALE-BenchNot measured301.6Only Mercury 2.5 measured
Neither model has a result on the other 29 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index01
Intelligence benchmarks for GPT-4o (2024-11-20) and Mercury 2.5
BenchmarkGPT-4o (2024-11-20)Mercury 2.5Leader
AA Intelligence Index8.412.3Mercury 2.5
Neither model has a result on the other 1 board here
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index6 boards, none shared
Agentic work benchmarks for GPT-4o (2024-11-20) and Mercury 2.5
BenchmarkGPT-4o (2024-11-20)Mercury 2.5Leader
Finance Agent (Vals AI)Not measured18.9%Only Mercury 2.5 measured
Tax Agent Bench (Vals AI)Not measured2.5%Only Mercury 2.5 measured
Legal Research Bench (Vals AI)Not measured4.3%Only Mercury 2.5 measured
Excel Modeling Benchmark (Vals AI)Not measured8.8%Only Mercury 2.5 measured
Terminal-Bench-Science (Vals AI)Not measured0.0%Only Mercury 2.5 measured
TheAgentCompany8.6%Not measuredOnly GPT-4o (2024-11-20) measured
Neither model has a result on the other 36 boards here
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index5 boards, none shared
Reasoning benchmarks for GPT-4o (2024-11-20) and Mercury 2.5
BenchmarkGPT-4o (2024-11-20)Mercury 2.5Leader
GPQA Diamond53.8%Not measuredOnly GPT-4o (2024-11-20) measured
MMMU Pro (Vals AI)62.2%Not measuredOnly GPT-4o (2024-11-20) measured
Humanity's Last Exam (Artificial Analysis run)Not measured11.8%Only Mercury 2.5 measured
GPQA Diamond (Epoch AI run)47.9%Not measuredOnly GPT-4o (2024-11-20) measured
VPCT40.0%Not measuredOnly GPT-4o (2024-11-20) measured
Neither model has a result on the other 18 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index6 boards, none shared
Math benchmarks for GPT-4o (2024-11-20) and Mercury 2.5
BenchmarkGPT-4o (2024-11-20)Mercury 2.5Leader
AIME11.9%Not measuredOnly GPT-4o (2024-11-20) measured
MATH 500 (Vals AI)74.0%Not measuredOnly GPT-4o (2024-11-20) measured
MGSM (Vals AI)90.4%Not measuredOnly GPT-4o (2024-11-20) measured
OTIS Mock AIME6.3%Not measuredOnly GPT-4o (2024-11-20) measured
ProofBenchNot measured3.0%Only Mercury 2.5 measured
MATH level 549.8%Not measuredOnly GPT-4o (2024-11-20) measured
Neither model has a result on the other 8 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index01
Knowledge benchmarks for GPT-4o (2024-11-20) and Mercury 2.5
BenchmarkGPT-4o (2024-11-20)Mercury 2.5Leader
MMLU Pro72.6%Not measuredOnly GPT-4o (2024-11-20) measured
LegalBench (Vals AI)82.2%83.1%Mercury 2.5
CaseLaw (Vals AI)59.7%Not measuredOnly GPT-4o (2024-11-20) measured
CorpFin (Vals AI)45.9%Not measuredOnly GPT-4o (2024-11-20) measured
TaxEval (Vals AI)74.5%Not measuredOnly GPT-4o (2024-11-20) measured
MortgageTax (Vals AI)57.4%Not measuredOnly GPT-4o (2024-11-20) measured
MedCode (Vals AI)Not measured31.3%Only Mercury 2.5 measured
GeoBench71.0%Not measuredOnly GPT-4o (2024-11-20) measured
Neither model has a result on the other 12 boards here
Web designNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Web design benchmarks for GPT-4o (2024-11-20) and Mercury 2.5
BenchmarkGPT-4o (2024-11-20)Mercury 2.5Leader
Neither model has a result on 9 boards here
GeneralDirectional onlyPublic boards, shown as published, kept out of the index4 boards, none shared
General benchmarks for GPT-4o (2024-11-20) and Mercury 2.5
BenchmarkGPT-4o (2024-11-20)Mercury 2.5Leader
Public Benefits Bench (Vals AI)Not measured45.3%Only Mercury 2.5 measured
MedScribe (Vals AI)Not measured55.1%Only Mercury 2.5 measured
Long context reasoning (AA-LCR)Not measured71.7%Only Mercury 2.5 measured
Creative writing (Lech Mazur)81.8%Not measuredOnly GPT-4o (2024-11-20) measured
Neither model has a result on the other 44 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for GPT-4o (2024-11-20) and Mercury 2.5
BenchmarkGPT-4o (2024-11-20)Mercury 2.5Leader
Neither model has a result on 5 boards here

What each workload costs

Three fixed token mixes at each model's listed price, so per-token rates become a bill.

Chat turn

1K input + 500 output tokens

GPT-4o (2024-11-20)$0.0075Fits in one request
Mercury 2.5$0.0001Fits in one request

Mercury 2.5 costs less

Repository review

50K input + 3K output tokens

GPT-4o (2024-11-20)$0.155Fits in one request
Mercury 2.5$0.0024Fits in one request

Mercury 2.5 costs less

Agent loop

200K input + 10K output tokens

GPT-4o (2024-11-20)$0.600Exceeds the context window
Mercury 2.5$0.0095Fits in one request

Mercury 2.5 costs less

Listed OpenRouter rates, without cache or batch discounts. A workload that does not fit a model's context window would need splitting.

Specification differences

The leading value in a row is marked; a row with a missing value names no leader. Our two rows are marked in red.

Specifications of GPT-4o (2024-11-20) and Mercury 2.5
SpecificationOpenAI GPT-4o (2024-11-20)Inception Mercury 2.5
MakerOpenAIInception
WeightsNo public weights listedNo public weights listed
ReleasedNovember 20, 2024September 8, 2026
Context window128K260K
Input $/Mtok$2.50$0.04
Output $/Mtok$10.00$0.15
Coding indexNot benchmarked1.6
Independent measurements behind it02
Cost per solved taskNot computableNot computable
SourceOpenRouter listingOpenRouter listing

Questions

Is GPT-4o (2024-11-20) better than Mercury 2.5 for coding?

Only Mercury 2.5 has a coding score, 1.6 on the Vibe Coding Index; GPT-4o (2024-11-20) has none, so the two cannot be ranked on coding. Compare them on price, context and the boards below.

Which is cheaper, GPT-4o (2024-11-20) or Mercury 2.5?

GPT-4o (2024-11-20) costs $2.50 per million input tokens and $10.00 per million output tokens; Mercury 2.5 costs $0.04 and $0.15. Cost per solved task is known for neither of them.

Which has the bigger context window, GPT-4o (2024-11-20) or Mercury 2.5?

Mercury 2.5, with 260K tokens against 128K.

How many benchmarks is the GPT-4o (2024-11-20) vs Mercury 2.5 comparison based on?

2 benchmarks have a result for both models as of October 23, 2026. GPT-4o (2024-11-20)'s coding index rests on 0 independent benchmarks and Mercury 2.5's on 2. Where only one model has a result, the page says so instead of naming a winner.

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