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Mercury 2.5 vs Nemotron 3 Ultra

Nemotron 3 Ultra leads Mercury 2.5 on coding, 30.0 to 1.6 on the Vibe Coding Index, and Mercury 2.5 costs 16.0x less per output token ($0.15 vs $2.40 per million). Updated October 23, 2026; 13 benchmarks have a result for both.

Mercury 2.5Inception
Coding
1.6
Overall
No data
Output $/M
$0.15
2
Nemotron 3 UltraNVIDIA
Coding
30.0
Overall
53.1
Output $/M
$2.40
11
vs boards won of 13 shared

Mercury 2.5 or Nemotron 3 Ultra: which to pick

Pick Nemotron 3 Ultra for coding: it scores 30.0 on the Vibe Coding Index against 1.6 for Mercury 2.5.

Pick Mercury 2.5 for output tokens 16.0x cheaper ($0.15 vs $2.40 per million) and work measured by ProofBench or LegalBench (Vals AI), where it leads.

Shared results
13
Mercury 2.5 only
9
Nemotron 3 Ultra only
58
Like-for-like categories
7 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
Mercury 2.5 1.6 from 2 benchmarks, Nemotron 3 Ultra 30.0 from 3 benchmarks.
Widest category
Agentic work, 17.6 points apart on average over 3 shared benchmarks.
Widest single gap
Excel Modeling Benchmark (Vals AI): Mercury 2.5 8.8% against Nemotron 3 Ultra 31.7%, 22.9 points apart on a 0 to 100 scale.
Output price
Mercury 2.5 $0.15 against Nemotron 3 Ultra $2.40 per million output tokens, 16.0x apart.
Context window
Mercury 2.5 takes 260K tokens, Nemotron 3 Ultra 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 2.5BarsNemotron 3 UltraTies
Coding04
Intelligence01
Agentic work03
Reasoning01
Math10
Knowledge11
General01
All shared boards211
CodingLike-for-likeSix of these boards feed the Vibe Coding Index04
Coding benchmarks for Mercury 2.5 and Nemotron 3 Ultra
BenchmarkMercury 2.5Nemotron 3 UltraLeader
AA Coding IndexNot measured49.3Only Nemotron 3 Ultra measured
LiveCodeBench (Vals AI)Not measured86.0%Only Nemotron 3 Ultra measured
SWE-bench Verified (Vals AI)Not measured69.0%Only Nemotron 3 Ultra measured
Terminal-Bench 4 (Vals AI)0.0%Not measuredOnly Mercury 2.5 measured
Vibe Code Bench (Vals AI)3.7%7.6%Nemotron 3 Ultra
Code migration (Vals AI)4.5%4.9%Nemotron 3 Ultra
ProgramBench (Vals AI)Not measured0.0%Only Nemotron 3 Ultra measured
IOI (Vals AI)2.4%Not measuredOnly Mercury 2.5 measured
Terminal-Bench 2.1 (Vals AI)34.5%50.9%Nemotron 3 Ultra
SkillsBench (Vals AI)18.1%Not measuredOnly Mercury 2.5 measured
CyberBench (Vals AI)45.5%Not measuredOnly Mercury 2.5 measured
SciCode38.5%40.3%Nemotron 3 Ultra
Terminal-Bench Hard (Artificial Analysis run)Not measured36.4%Only Nemotron 3 Ultra measured
FrontierCodeNot measured13.6%Only Nemotron 3 Ultra measured
WeirdMLNot measured43.5%Only Nemotron 3 Ultra measured
ALE-Bench301.6Not measuredOnly Mercury 2.5 measured
LMArena Text: codingNot measured1467Only Nemotron 3 Ultra measured
LMArena Text: software and ITNot measured1468Only Nemotron 3 Ultra measured
Neither model has a result on the other 25 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index01
Intelligence benchmarks for Mercury 2.5 and Nemotron 3 Ultra
BenchmarkMercury 2.5Nemotron 3 UltraLeader
AA Intelligence Index12.322.9Nemotron 3 Ultra
Epoch Capabilities IndexNot measured146.0Only Nemotron 3 Ultra measured
Agentic workLike-for-likePublic boards, shown as published, kept out of the index03
Agentic work benchmarks for Mercury 2.5 and Nemotron 3 Ultra
BenchmarkMercury 2.5Nemotron 3 UltraLeader
AA Agentic IndexNot measured20.1Only Nemotron 3 Ultra measured
Finance Agent (Vals AI)18.9%37.7%Nemotron 3 Ultra
Tax Agent Bench (Vals AI)2.5%Not measuredOnly Mercury 2.5 measured
Legal Research Bench (Vals AI)4.3%15.4%Nemotron 3 Ultra
Excel Modeling Benchmark (Vals AI)8.8%31.7%Nemotron 3 Ultra
Terminal-Bench-Science (Vals AI)0.0%Not measuredOnly Mercury 2.5 measured
τ²-Bench TelecomNot measured83.3%Only Nemotron 3 Ultra measured
APEX-AgentsNot measured22.7%Only Nemotron 3 Ultra measured
MCP AtlasNot measured63.1%Only Nemotron 3 Ultra measured
Neither model has a result on the other 33 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index01
Reasoning benchmarks for Mercury 2.5 and Nemotron 3 Ultra
BenchmarkMercury 2.5Nemotron 3 UltraLeader
GPQA DiamondNot measured86.1%Only Nemotron 3 Ultra measured
GPQA Diamond (Artificial Analysis run)Not measured86.7%Only Nemotron 3 Ultra measured
Humanity's Last Exam (Artificial Analysis run)11.8%28.4%Nemotron 3 Ultra
GPQA Diamond (Epoch AI run)Not measured85.4%Only Nemotron 3 Ultra measured
Mystery game puzzlesNot measured20.0%Only Nemotron 3 Ultra measured
LMArena Text: hard promptsNot measured1452Only Nemotron 3 Ultra measured
LMArena Text: expertNot measured1472Only Nemotron 3 Ultra measured
LMArena Text: hard prompts in EnglishNot measured1453Only Nemotron 3 Ultra measured
Neither model has a result on the other 15 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index10
Math benchmarks for Mercury 2.5 and Nemotron 3 Ultra
BenchmarkMercury 2.5Nemotron 3 UltraLeader
OTIS Mock AIMENot measured86.7%Only Nemotron 3 Ultra measured
ProofBench3.0%2.0%Mercury 2.5
LMArena Text: mathNot measured1457Only Nemotron 3 Ultra measured
LMArena Text: mathematical workNot measured1462Only Nemotron 3 Ultra measured
Neither model has a result on the other 10 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index11
Knowledge benchmarks for Mercury 2.5 and Nemotron 3 Ultra
BenchmarkMercury 2.5Nemotron 3 UltraLeader
MMLU ProNot measured85.8%Only Nemotron 3 Ultra measured
LegalBench (Vals AI)83.1%82.1%Mercury 2.5
CorpFin (Vals AI)Not measured65.5%Only Nemotron 3 Ultra measured
TaxEval (Vals AI)Not measured73.1%Only Nemotron 3 Ultra measured
MedCode (Vals AI)31.3%38.6%Nemotron 3 Ultra
LMArena Text: scienceNot measured1465Only Nemotron 3 Ultra measured
LMArena Text: medicine and healthcareNot measured1455Only Nemotron 3 Ultra measured
LMArena Text: legal and governmentNot measured1453Only Nemotron 3 Ultra measured
LMArena Text: business and financeNot measured1435Only Nemotron 3 Ultra measured
Neither model has a result on the other 11 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 Nemotron 3 Ultra
BenchmarkMercury 2.5Nemotron 3 UltraLeader
Design Arena: websitesNot measured1145Only Nemotron 3 Ultra measured
Design Arena: UI componentsNot measured1135Only Nemotron 3 Ultra measured
Design Arena: game devNot measured1138Only Nemotron 3 Ultra measured
Design Arena: data vizNot measured1142Only Nemotron 3 Ultra measured
Design Arena: 3DNot measured1132Only Nemotron 3 Ultra measured
Design Arena: all code categoriesNot measured1146Only Nemotron 3 Ultra measured
Design Arena: SVGNot measured1069Only Nemotron 3 Ultra measured
Design Arena: ASCII artNot measured1100Only Nemotron 3 Ultra 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 Nemotron 3 Ultra
BenchmarkMercury 2.5Nemotron 3 UltraLeader
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 measured81.4%Only Nemotron 3 Ultra measured
Long context reasoning (AA-LCR)71.7%79.3%Nemotron 3 Ultra
DTBenchNot measured90.1%Only Nemotron 3 Ultra measured
LMCANot measured36.9%Only Nemotron 3 Ultra measured
LMArena TextNot measured1445Only Nemotron 3 Ultra measured
LMArena Text: instruction followingNot measured1418Only Nemotron 3 Ultra measured
LMArena Text: creative writingNot measured1398Only Nemotron 3 Ultra measured
LMArena Text: EnglishNot measured1454Only Nemotron 3 Ultra measured
LMArena Text: non-EnglishNot measured1427Only Nemotron 3 Ultra measured
LMArena Text: ChineseNot measured1498Only Nemotron 3 Ultra measured
LMArena Text: GermanNot measured1474Only Nemotron 3 Ultra measured
LMArena Text: KoreanNot measured1385Only Nemotron 3 Ultra measured
LMArena Text: FrenchNot measured1473Only Nemotron 3 Ultra measured
LMArena Text: SpanishNot measured1454Only Nemotron 3 Ultra measured
LMArena Text: RussianNot measured1417Only Nemotron 3 Ultra measured
LMArena Text: PolishNot measured1385Only Nemotron 3 Ultra measured
LMArena Text: multi-turnNot measured1411Only Nemotron 3 Ultra measured
LMArena Text: longer queriesNot measured1437Only Nemotron 3 Ultra measured
LMArena Text: writing and languageNot measured1405Only Nemotron 3 Ultra measured
LMArena Text: entertainment and mediaNot measured1397Only Nemotron 3 Ultra measured
Neither model has a result on the other 26 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 Nemotron 3 Ultra
BenchmarkMercury 2.5Nemotron 3 UltraLeader
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
Nemotron 3 Ultra$0.0018Fits in one request

Mercury 2.5 costs less

Repository review

50K input + 3K output tokens

Mercury 2.5$0.0024Fits in one request
Nemotron 3 Ultra$0.037Fits in one request

Mercury 2.5 costs less

Agent loop

200K input + 10K output tokens

Mercury 2.5$0.0095Fits in one request
Nemotron 3 Ultra$0.144Fits 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 Nemotron 3 Ultra
SpecificationInception Mercury 2.5NVIDIA Nemotron 3 Ultra
MakerInceptionNVIDIA
WeightsNo public weights listedOpen weights
ReleasedSeptember 8, 2026June 4, 2026
Context window260K262K
Input $/Mtok$0.04$0.60
Output $/Mtok$0.15$2.40
Coding index1.630.0
Independent measurements behind it23
Cost per solved taskNot computableNot computable
SourceOpenRouter listingOpenRouter listing

Questions

Is Mercury 2.5 better than Nemotron 3 Ultra for coding?

Pick Nemotron 3 Ultra for coding: it scores 30.0 on the Vibe Coding Index against 1.6 for Mercury 2.5. Pick Mercury 2.5 for output tokens 16.0x cheaper ($0.15 vs $2.40 per million) and work measured by ProofBench or LegalBench (Vals AI), where it leads.

Which is cheaper, Mercury 2.5 or Nemotron 3 Ultra?

Mercury 2.5 costs $0.04 per million input tokens and $0.15 per million output tokens; Nemotron 3 Ultra costs $0.60 and $2.40. Cost per solved task is known for neither of them.

Which has the bigger context window, Mercury 2.5 or Nemotron 3 Ultra?

Nemotron 3 Ultra, with 262K tokens against 260K.

How many benchmarks is the Mercury 2.5 vs Nemotron 3 Ultra comparison based on?

13 benchmarks have a result for both models as of October 23, 2026. Mercury 2.5's coding index rests on 2 independent benchmarks and Nemotron 3 Ultra's on 3. Where only one model has a result, the page says so instead of naming a winner.

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<iframe src="https://llmbenchmark.ai/embed/compare/inception-mercury-2-5-vs-nvidia-nemotron-3-ultra-550b-a55b" title="Mercury 2.5 vs Nemotron 3 Ultra, LLMBenchmark.ai" width="100%" height="360" style="border:0;max-width:100%" loading="lazy"></iframe>
<p style="font:13px/1.4 sans-serif;margin:6px 0 0">Source: <a href="https://llmbenchmark.ai/compare/inception-mercury-2-5-vs-nvidia-nemotron-3-ultra-550b-a55b">LLMBenchmark.ai, Mercury 2.5 vs Nemotron 3 Ultra</a></p>