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Mercury 2.5 vs Mistral Nemo

Updated October 21, 2026. No benchmark has tested both models yet. 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
Mistral NemoMistral AI
Coding
No data
Overall
No data
Output $/M
$0.15
vs $0.15 vs $0.15 per 1M output tokens. About the same price.

Decision reading

Only Mercury 2.5 has a coding score, 1.6 on the Vibe Coding Index; Mistral Nemo has none, so the two cannot be ranked on coding.

Compare them on price, context and the boards below.

No benchmark has tested both yet. Mercury 2.5 has results on Terminal-Bench 4 (Vals AI), Vibe Code Bench (Vals AI) and Code migration (Vals AI); Mistral Nemo on Epoch Capabilities Index, MMLU and DTBench. Compare them on price and context instead.

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, Mistral Nemo not benchmarked.
Widest category
None yet: no category has been tested on both models.
Widest single gap
None yet: no benchmark has tested both models.
Output price
Both cost $0.15 per million output tokens.
Context window
Mercury 2.5 takes 260K tokens, Mistral Nemo 131K.

Benchmark by benchmark

Every board either model has a result on, a category to a fold; bars are each result on a 0 to 100 scale. Only one model is measured on each, so no row names a leader.

CodingDirectional onlySix of these boards feed the Vibe Coding Index9 boards measured
Coding benchmarks for Mercury 2.5 and Mistral Nemo
BenchmarkMercury 2.5Mistral NemoLeader
Terminal-Bench 4 (Vals AI)0.0%Not measuredOnly Mercury 2.5 measured
Vibe Code Bench (Vals AI)3.7%Not measuredOnly Mercury 2.5 measured
Code migration (Vals AI)4.5%Not measuredOnly Mercury 2.5 measured
IOI (Vals AI)2.4%Not measuredOnly Mercury 2.5 measured
Terminal-Bench 2.1 (Vals AI)34.5%Not measuredOnly Mercury 2.5 measured
SkillsBench (Vals AI)18.1%Not measuredOnly Mercury 2.5 measured
CyberBench (Vals AI)45.5%Not measuredOnly Mercury 2.5 measured
SciCode38.5%Not measuredOnly Mercury 2.5 measured
ALE-Bench301.6Not measuredOnly Mercury 2.5 measured
Neither model has a result on the other 29 boards here
IntelligenceDirectional onlyPublic boards, shown as published, kept out of the index2 boards measured
Intelligence benchmarks for Mercury 2.5 and Mistral Nemo
BenchmarkMercury 2.5Mistral NemoLeader
AA Intelligence Index12.3Not measuredOnly Mercury 2.5 measured
Epoch Capabilities IndexNot measured118.7Only Mistral Nemo measured
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index5 boards measured
Agentic work benchmarks for Mercury 2.5 and Mistral Nemo
BenchmarkMercury 2.5Mistral NemoLeader
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
Neither model has a result on the other 34 boards here
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index1 board measured
Reasoning benchmarks for Mercury 2.5 and Mistral Nemo
BenchmarkMercury 2.5Mistral NemoLeader
Humanity's Last Exam (Artificial Analysis run)11.8%Not measuredOnly Mercury 2.5 measured
Neither model has a result on the other 20 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index1 board measured
Math benchmarks for Mercury 2.5 and Mistral Nemo
BenchmarkMercury 2.5Mistral NemoLeader
ProofBench3.0%Not measuredOnly Mercury 2.5 measured
Neither model has a result on the other 12 boards here
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index3 boards measured
Knowledge benchmarks for Mercury 2.5 and Mistral Nemo
BenchmarkMercury 2.5Mistral NemoLeader
LegalBench (Vals AI)83.1%Not measuredOnly Mercury 2.5 measured
MedCode (Vals AI)31.3%Not measuredOnly Mercury 2.5 measured
MMLUNot measured65.3%Only Mistral Nemo measured
Neither model has a result on the other 14 boards here
GeneralDirectional onlyPublic boards, shown as published, kept out of the index4 boards measured
General benchmarks for Mercury 2.5 and Mistral Nemo
BenchmarkMercury 2.5Mistral NemoLeader
Public Benefits Bench (Vals AI)45.3%Not measuredOnly Mercury 2.5 measured
MedScribe (Vals AI)55.1%Not measuredOnly Mercury 2.5 measured
Long context reasoning (AA-LCR)71.7%Not measuredOnly Mercury 2.5 measured
DTBenchNot measured48.6%Only Mistral Nemo measured
Neither model has a result on the other 42 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
Mistral Nemo$0.0002Fits in one request

Mercury 2.5 costs less

Repository review

50K input + 3K output tokens

Mercury 2.5$0.0024Fits in one request
Mistral Nemo$0.0080Fits in one request

Mercury 2.5 costs less

Agent loop

200K input + 10K output tokens

Mercury 2.5$0.0095Fits in one request
Mistral Nemo$0.032Exceeds the context window

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 Mistral Nemo
SpecificationInception Mercury 2.5Mistral Nemo
MakerInceptionMistral AI
WeightsNo public weights listedOpen weights
ReleasedSeptember 8, 2026July 19, 2024
Context window260K131K
Input $/Mtok$0.04$0.15
Output $/Mtok$0.15$0.15
Coding index1.6Not benchmarked
Independent measurements behind it20
Cost per solved taskNot computableNot computable
SourceOpenRouter listingOpenRouter listing

Questions

Is Mercury 2.5 better than Mistral Nemo for coding?

Only Mercury 2.5 has a coding score, 1.6 on the Vibe Coding Index; Mistral Nemo has none, so the two cannot be ranked on coding. Compare them on price, context and the boards below.

Which is cheaper, Mercury 2.5 or Mistral Nemo?

Mercury 2.5 costs $0.04 per million input tokens and $0.15 per million output tokens; Mistral Nemo costs $0.15 and $0.15. Cost per solved task is known for neither of them.

Which has the bigger context window, Mercury 2.5 or Mistral Nemo?

Mercury 2.5, with 260K tokens against 131K.

Has any benchmark tested both Mercury 2.5 and Mistral Nemo?

No benchmark has tested both yet. Mercury 2.5 has results on Terminal-Bench 4 (Vals AI), Vibe Code Bench (Vals AI) and Code migration (Vals AI); Mistral Nemo on Epoch Capabilities Index, MMLU and DTBench. Compare them on price and context instead. Data as of October 21, 2026.

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