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Mercury 2.5 vs Kimi K2.7 Code

Updated October 21, 2026. 9 benchmarks have a result for both. Coding is ranked on the Vibe Coding Index; every other board is shown as published.

Mercury 2.5Inception
Coding
1.6
Overall
12.3
Output $/M
$0.15
0
Kimi K2.7 CodeMoonshot AI
Coding
53.4
Overall
25.8
Output $/M
$4.00
9
vs boards won of 9 shared

Decision reading

Pick Kimi K2.7 Code for coding: it scores 53.4 on the Vibe Coding Index against 1.6 for Mercury 2.5.

Pick Mercury 2.5 when output tokens cost 26.7x less.

Shared results
9
Mercury 2.5 only
13
Kimi K2.7 Code only
42
Like-for-like categories
4 of 9

Shared results can support a head-to-head reading. Results only one model has describe coverage, not superiority.

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
Mercury 2.5 1.6 from 2 benchmarks, Kimi K2.7 Code 53.4 from 4 benchmarks.
Widest category
Coding, 26.3 points apart on average over 6 shared benchmarks.
Widest single gap
Vibe Code Bench (Vals AI): Mercury 2.5 3.7% against Kimi K2.7 Code 47.2%, 43.5 points apart on a 0 to 100 scale.
Output price
Mercury 2.5 $0.15 against Kimi K2.7 Code $4.00 per million output tokens, 26.7x apart.
Context window
Mercury 2.5 takes 260K tokens, Kimi K2.7 Code 262K.

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
CategoryMercury 2.5BarsKimi K2.7 CodeTies
Coding06
Intelligence01
Reasoning01
General01
All shared boards09
CodingLike-for-likeSix of these boards feed the Vibe Coding Index06
Coding benchmarks for Mercury 2.5 and Kimi K2.7 Code
BenchmarkMercury 2.5Kimi K2.7 CodeLeader
LMArena WebDevNot measured1474Only Kimi K2.7 Code measured
AA Coding IndexNot measured60.8Only Kimi K2.7 Code measured
LiveCodeBench (Vals AI)Not measured82.0%Only Kimi K2.7 Code measured
SWE-bench Verified (Vals AI)Not measured78.2%Only Kimi K2.7 Code measured
Terminal-Bench 4 (Vals AI)0.0%Not measuredOnly Mercury 2.5 measured
Vibe Code Bench (Vals AI)3.7%47.2%Kimi K2.7 Code
Code migration (Vals AI)4.5%25.4%Kimi K2.7 Code
ProgramBench (Vals AI)Not measured0.0%Only Kimi K2.7 Code measured
IOI (Vals AI)2.4%Not measuredOnly Mercury 2.5 measured
Terminal-Bench 2.1 (Vals AI)34.5%67.0%Kimi K2.7 Code
SkillsBench (Vals AI)18.1%50.0%Kimi K2.7 Code
CyberBench (Vals AI)45.5%Not measuredOnly Mercury 2.5 measured
SciCode38.5%47.8%Kimi K2.7 Code
Terminal-Bench Hard (Artificial Analysis run)Not measured44.7%Only Kimi K2.7 Code measured
FrontierCodeNot measured30.1%Only Kimi K2.7 Code measured
WeirdMLNot measured54.1%Only Kimi K2.7 Code measured
ALE-Bench301.6886.2Kimi K2.7 Code
LMArena WebDev: ReactNot measured1475Only Kimi K2.7 Code measured
LMArena WebDev: HTMLNot measured1451Only Kimi K2.7 Code measured
LMArena WebDev: from an imageNot measured1513Only Kimi K2.7 Code measured
Neither model has a result on the other 18 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index01
Intelligence benchmarks for Mercury 2.5 and Kimi K2.7 Code
BenchmarkMercury 2.5Kimi K2.7 CodeLeader
AA Intelligence Index12.325.8Kimi K2.7 Code
Epoch Capabilities IndexNot measured150.1Only Kimi K2.7 Code measured
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index17 boards, none shared
Agentic work benchmarks for Mercury 2.5 and Kimi K2.7 Code
BenchmarkMercury 2.5Kimi K2.7 CodeLeader
AA Agentic IndexNot measured21.0Only Kimi K2.7 Code measured
Design Arena: agents building web appsNot measured1176Only Kimi K2.7 Code measured
Design Arena: agents building full-stack appsNot measured1175Only Kimi K2.7 Code measured
Design Arena: agents building mobile appsNot measured1143Only Kimi K2.7 Code measured
Design Arena: agents building Android appsNot measured1143Only Kimi K2.7 Code measured
Design Arena: agents building Godot gamesNot measured1147Only Kimi K2.7 Code measured
Design Arena: agents building gamesNot measured1131Only Kimi K2.7 Code measured
Design Arena: HTML slidesNot measured1201Only Kimi K2.7 Code measured
Design Arena: PowerPoint slidesNot measured1154Only Kimi K2.7 Code measured
Finance Agent (Vals AI)18.9%Not measuredOnly Mercury 2.5 measured
Tax Agent Bench (Vals AI)2.5%Not measuredOnly Mercury 2.5 measured
Legal Research Bench (Vals AI)4.3%Not measuredOnly Mercury 2.5 measured
Excel Modeling Benchmark (Vals AI)8.8%Not measuredOnly Mercury 2.5 measured
Terminal-Bench-Science (Vals AI)0.0%Not measuredOnly Mercury 2.5 measured
τ²-Bench TelecomNot measured90.1%Only Kimi K2.7 Code measured
APEX-AgentsNot measured37.6%Only Kimi K2.7 Code measured
Vending-Bench 2Not measured$5,083Only Kimi K2.7 Code measured
Neither model has a result on the other 22 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index01
Reasoning benchmarks for Mercury 2.5 and Kimi K2.7 Code
BenchmarkMercury 2.5Kimi K2.7 CodeLeader
GPQA Diamond (Artificial Analysis run)Not measured89.6%Only Kimi K2.7 Code measured
Humanity's Last Exam (Artificial Analysis run)11.8%35.0%Kimi K2.7 Code
GPQA Diamond (Epoch AI run)Not measured87.9%Only Kimi K2.7 Code measured
SimpleBenchNot measured57.9%Only Kimi K2.7 Code measured
Chess puzzlesNot measured14.0%Only Kimi K2.7 Code measured
Neither model has a result on the other 16 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index4 boards, none shared
Math benchmarks for Mercury 2.5 and Kimi K2.7 Code
BenchmarkMercury 2.5Kimi K2.7 CodeLeader
OTIS Mock AIMENot measured95.6%Only Kimi K2.7 Code measured
FrontierMath, tiers 1 to 3Not measured54.0%Only Kimi K2.7 Code measured
FrontierMath, tier 4Not measured12.2%Only Kimi K2.7 Code measured
ProofBench3.0%Not measuredOnly Mercury 2.5 measured
Neither model has a result on the other 9 boards here
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index3 boards, none shared
Knowledge benchmarks for Mercury 2.5 and Kimi K2.7 Code
BenchmarkMercury 2.5Kimi K2.7 CodeLeader
LegalBench (Vals AI)83.1%Not measuredOnly Mercury 2.5 measured
MedCode (Vals AI)31.3%Not measuredOnly Mercury 2.5 measured
SimpleQA VerifiedNot measured36.5%Only Kimi K2.7 Code measured
Neither model has a result on the other 14 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index8 boards, none shared
Web design benchmarks for Mercury 2.5 and Kimi K2.7 Code
BenchmarkMercury 2.5Kimi K2.7 CodeLeader
Design Arena: websitesNot measured1264Only Kimi K2.7 Code measured
Design Arena: UI componentsNot measured1259Only Kimi K2.7 Code measured
Design Arena: game devNot measured1220Only Kimi K2.7 Code measured
Design Arena: data vizNot measured1227Only Kimi K2.7 Code measured
Design Arena: 3DNot measured1241Only Kimi K2.7 Code measured
Design Arena: all code categoriesNot measured1253Only Kimi K2.7 Code measured
Design Arena: SVGNot measured1176Only Kimi K2.7 Code measured
Design Arena: ASCII artNot measured1196Only Kimi K2.7 Code measured
Neither model has a result on the other 1 board here
GeneralLike-for-likePublic boards, shown as published, kept out of the index01
General benchmarks for Mercury 2.5 and Kimi K2.7 Code
BenchmarkMercury 2.5Kimi K2.7 CodeLeader
Public Benefits Bench (Vals AI)45.3%Not measuredOnly Mercury 2.5 measured
MedScribe (Vals AI)55.1%Not measuredOnly Mercury 2.5 measured
IFBenchNot measured63.1%Only Kimi K2.7 Code measured
Long context reasoning (AA-LCR)71.7%79.3%Kimi K2.7 Code
Surface Evolver BenchNot measured48.8%Only Kimi K2.7 Code measured
Neither model has a result on the other 41 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for Mercury 2.5 and Kimi K2.7 Code
BenchmarkMercury 2.5Kimi K2.7 CodeLeader
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

Mercury 2.5$0.0001Fits in one request
Kimi K2.7 Code$0.0029Fits in one request

Mercury 2.5 costs less

Repository review

50K input + 3K output tokens

Mercury 2.5$0.0024Fits in one request
Kimi K2.7 Code$0.059Fits in one request

Mercury 2.5 costs less

Agent loop

200K input + 10K output tokens

Mercury 2.5$0.0095Fits in one request
Kimi K2.7 Code$0.230Fits 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 Mercury 2.5 and Kimi K2.7 Code
SpecificationInception Mercury 2.5MoonshotAI Kimi K2.7 Code
MakerInceptionMoonshot AI
WeightsNo public weights listedOpen weights
ReleasedSeptember 8, 2026June 12, 2026
Context window260K262K
Input $/Mtok$0.04$0.95
Output $/Mtok$0.15$4.00
Coding index1.653.4
Independent measurements behind it24
Cost per solved taskNot computable$0.35
SourceOpenRouter listingOpenRouter listing

Questions

Is Mercury 2.5 better than Kimi K2.7 Code for coding?

Pick Kimi K2.7 Code for coding: it scores 53.4 on the Vibe Coding Index against 1.6 for Mercury 2.5. Pick Mercury 2.5 when output tokens cost 26.7x less.

Which is cheaper, Mercury 2.5 or Kimi K2.7 Code?

Mercury 2.5 costs $0.04 per million input tokens and $0.15 per million output tokens; Kimi K2.7 Code costs $0.95 and $4.00. Cost per solved task is known for Kimi K2.7 Code only.

Which has the bigger context window, Mercury 2.5 or Kimi K2.7 Code?

Kimi K2.7 Code, with 262K tokens against 260K.

How many benchmarks is the Mercury 2.5 vs Kimi K2.7 Code comparison based on?

9 benchmarks have a result for both models as of October 21, 2026. Mercury 2.5's coding index rests on 2 independent benchmarks and Kimi K2.7 Code's on 4. Where only one model has a result, the page says so instead of naming a winner.

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