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Mercury 2.5 vs o4 Mini High

Mercury 2.5 costs 29.3x less per output token than o4 Mini High ($0.15 vs $4.40 per million). Updated October 21, 2026; 1 benchmarks have a result for both.

Mercury 2.5Inception
Coding
1.6
Overall
12.3
Output $/M
$0.15
0
o4 Mini HighOpenAI
Coding
No data
Overall
No data
Output $/M
$4.40
1
vs boards won of 1 shared

Mercury 2.5 or o4 Mini High: which to pick

Only Mercury 2.5 has a coding score, 1.6 on the Vibe Coding Index; o4 Mini High has none, so the two cannot be ranked on coding.

Pick o4 Mini High for work measured by ALE-Bench, where it leads.

Shared results
1
Mercury 2.5 only
21
o4 Mini High only
1
Like-for-like categories
1 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, o4 Mini High not benchmarked.
Widest category
Coding, 17.5 points apart on average over 1 shared benchmark.
Widest single gap
ALE-Bench: Mercury 2.5 301.6 against o4 Mini High 826.2, 17.5 points apart on a 0 to 100 scale.
Output price
Mercury 2.5 $0.15 against o4 Mini High $4.40 per million output tokens, 29.3x apart.
Context window
Mercury 2.5 takes 260K tokens, o4 Mini High 200K.

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 2.5Barso4 Mini HighTies
Coding01
All shared boards01
CodingLike-for-likeSix of these boards feed the Vibe Coding Index01
Coding benchmarks for Mercury 2.5 and o4 Mini High
BenchmarkMercury 2.5o4 Mini HighLeader
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-Bench301.6826.2o4 Mini High
Neither model has a result on the other 29 boards here
IntelligenceDirectional onlyPublic boards, shown as published, kept out of the index1 board, none shared
Intelligence benchmarks for Mercury 2.5 and o4 Mini High
BenchmarkMercury 2.5o4 Mini HighLeader
AA Intelligence Index12.3Not measuredOnly Mercury 2.5 measured
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 Mercury 2.5 and o4 Mini High
BenchmarkMercury 2.5o4 Mini HighLeader
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
GDPvalNot measured25.3%Only o4 Mini High measured
Neither model has a result on the other 33 boards here
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index1 board, none shared
Reasoning benchmarks for Mercury 2.5 and o4 Mini High
BenchmarkMercury 2.5o4 Mini HighLeader
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, none shared
Math benchmarks for Mercury 2.5 and o4 Mini High
BenchmarkMercury 2.5o4 Mini HighLeader
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 index2 boards, none shared
Knowledge benchmarks for Mercury 2.5 and o4 Mini High
BenchmarkMercury 2.5o4 Mini HighLeader
LegalBench (Vals AI)83.1%Not measuredOnly Mercury 2.5 measured
MedCode (Vals AI)31.3%Not measuredOnly Mercury 2.5 measured
Neither model has a result on the other 15 boards here
Web designNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Web design benchmarks for Mercury 2.5 and o4 Mini High
BenchmarkMercury 2.5o4 Mini HighLeader
Neither model has a result on 9 boards here
GeneralDirectional onlyPublic boards, shown as published, kept out of the index3 boards, none shared
General benchmarks for Mercury 2.5 and o4 Mini High
BenchmarkMercury 2.5o4 Mini HighLeader
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
Neither model has a result on the other 43 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 o4 Mini High
BenchmarkMercury 2.5o4 Mini HighLeader
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
o4 Mini High$0.0033Fits in one request

Mercury 2.5 costs less

Repository review

50K input + 3K output tokens

Mercury 2.5$0.0024Fits in one request
o4 Mini High$0.068Fits in one request

Mercury 2.5 costs less

Agent loop

200K input + 10K output tokens

Mercury 2.5$0.0095Fits in one request
o4 Mini High$0.264Exceeds 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 o4 Mini High
SpecificationInception Mercury 2.5OpenAI o4 Mini High
MakerInceptionOpenAI
WeightsNo public weights listedNo public weights listed
ReleasedSeptember 8, 2026April 16, 2025
Context window260K200K
Input $/Mtok$0.04$1.10
Output $/Mtok$0.15$4.40
Coding index1.6Not benchmarked
Independent measurements behind it20
Cost per solved taskNot computableNot computable
SourceOpenRouter listingOpenRouter listing

Questions

Is Mercury 2.5 better than o4 Mini High for coding?

Only Mercury 2.5 has a coding score, 1.6 on the Vibe Coding Index; o4 Mini High has none, so the two cannot be ranked on coding. Pick o4 Mini High for work measured by ALE-Bench, where it leads.

Which is cheaper, Mercury 2.5 or o4 Mini High?

Mercury 2.5 costs $0.04 per million input tokens and $0.15 per million output tokens; o4 Mini High costs $1.10 and $4.40. Cost per solved task is known for neither of them.

Which has the bigger context window, Mercury 2.5 or o4 Mini High?

Mercury 2.5, with 260K tokens against 200K.

How many benchmarks is the Mercury 2.5 vs o4 Mini High comparison based on?

1 benchmarks have a result for both models as of October 21, 2026. Mercury 2.5's coding index rests on 2 independent benchmarks and o4 Mini High's on 0. Where only one model has a result, the page says so instead of naming a winner.

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