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Kimi K2 0905 vs MiniMax M2.1

MiniMax M2.1 leads Kimi K2 0905 on the Artificial Analysis Intelligence Index, 20.9 to 15.3, and MiniMax M2.1 costs 2.1x less per output token ($1.20 vs $2.50 per million). Updated October 22, 2026; 14 benchmarks have a result for both.

Kimi K2 0905Moonshot AI
Coding
No data
Overall
No data
Output $/M
$2.50
0
MiniMax M2.1MiniMax
Coding
No data
Overall
No data
Output $/M
$1.20
14
vs boards won of 14 shared

Kimi K2 0905 or MiniMax M2.1: which to pick

Neither model has a coding score yet, so the two cannot be ranked on coding.

Pick Kimi K2 0905 for a larger context window (262K against 205K tokens) and work measured by LiveCodeBench (Artificial Analysis run) or Terminal-Bench Hard (Artificial Analysis run), where it leads.

Shared results
14
Kimi K2 0905 only
3
MiniMax M2.1 only
20
Like-for-like categories
8 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
Kimi K2 0905 not benchmarked, MiniMax M2.1 not benchmarked.
Widest category
Math, 25.4 points apart on average over 2 shared benchmarks.
Widest single gap
IFBench: Kimi K2 0905 41.7% against MiniMax M2.1 69.9%, 28.2 points apart on a 0 to 100 scale.
Output price
Kimi K2 0905 $2.50 against MiniMax M2.1 $1.20 per million output tokens, 2.1x apart.
Context window
Kimi K2 0905 takes 262K tokens, MiniMax M2.1 205K.

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
CategoryKimi K2 0905BarsMiniMax M2.1Ties
Coding03
Intelligence01
Agentic work01
Reasoning02
Math02
Knowledge01
Web design02
General02
All shared boards014
CodingLike-for-likeSix of these boards feed the Vibe Coding Index03
Coding benchmarks for Kimi K2 0905 and MiniMax M2.1
BenchmarkKimi K2 0905MiniMax M2.1Leader
LiveCodeBench (Vals AI)Not measured81.8%Only MiniMax M2.1 measured
SWE-bench Verified (Vals AI)Not measured74.8%Only MiniMax M2.1 measured
LiveCodeBench (Artificial Analysis run)61.0%81.0%MiniMax M2.1
Terminal-Bench Hard (Artificial Analysis run)23.5%28.8%MiniMax M2.1
Terminal-BenchNot measured36.6%Only MiniMax M2.1 measured
WeirdML36.7%Not measuredOnly Kimi K2 0905 measured
ALE-Bench267.1623.8MiniMax M2.1
Neither model has a result on the other 36 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index01
Intelligence benchmarks for Kimi K2 0905 and MiniMax M2.1
BenchmarkKimi K2 0905MiniMax M2.1Leader
AA Intelligence Index15.320.9MiniMax M2.1
Neither model has a result on the other 1 board here
Agentic workLike-for-likePublic boards, shown as published, kept out of the index01
Agentic work benchmarks for Kimi K2 0905 and MiniMax M2.1
BenchmarkKimi K2 0905MiniMax M2.1Leader
τ²-Bench Telecom73.4%85.4%MiniMax M2.1
Neither model has a result on the other 41 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index02
Reasoning benchmarks for Kimi K2 0905 and MiniMax M2.1
BenchmarkKimi K2 0905MiniMax M2.1Leader
GPQA DiamondNot measured78.5%Only MiniMax M2.1 measured
GPQA Diamond (Artificial Analysis run)76.7%83.0%MiniMax M2.1
Humanity's Last Exam (Artificial Analysis run)6.4%23.2%MiniMax M2.1
Kagi LLM Benchmark52.2%Not measuredOnly Kimi K2 0905 measured
Neither model has a result on the other 19 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index02
Math benchmarks for Kimi K2 0905 and MiniMax M2.1
BenchmarkKimi K2 0905MiniMax M2.1Leader
AIMENot measured77.9%Only MiniMax M2.1 measured
MATH 500 (Vals AI)Not measured89.0%Only MiniMax M2.1 measured
MGSM (Vals AI)Not measured87.8%Only MiniMax M2.1 measured
AA Math Index57.382.7MiniMax M2.1
AIME 2025 (Artificial Analysis run)57.3%82.7%MiniMax M2.1
Neither model has a result on the other 9 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index01
Knowledge benchmarks for Kimi K2 0905 and MiniMax M2.1
BenchmarkKimi K2 0905MiniMax M2.1Leader
MMLU ProNot measured87.0%Only MiniMax M2.1 measured
LegalBench (Vals AI)Not measured75.5%Only MiniMax M2.1 measured
CaseLaw (Vals AI)Not measured55.8%Only MiniMax M2.1 measured
CorpFin (Vals AI)Not measured58.9%Only MiniMax M2.1 measured
TaxEval (Vals AI)Not measured66.3%Only MiniMax M2.1 measured
MedQA (Vals AI)Not measured91.2%Only MiniMax M2.1 measured
MedCode (Vals AI)Not measured34.1%Only MiniMax M2.1 measured
MMLU Pro (Artificial Analysis run)81.9%87.5%MiniMax M2.1
Neither model has a result on the other 12 boards here
Web designLike-for-likePublic boards, shown as published, kept out of the index02
Web design benchmarks for Kimi K2 0905 and MiniMax M2.1
BenchmarkKimi K2 0905MiniMax M2.1Leader
Design Arena: websites10881201MiniMax M2.1
Design Arena: UI componentsNot measured1220Only MiniMax M2.1 measured
Design Arena: game devNot measured1134Only MiniMax M2.1 measured
Design Arena: data vizNot measured1206Only MiniMax M2.1 measured
Design Arena: 3DNot measured1164Only MiniMax M2.1 measured
Design Arena: all code categories10981190MiniMax M2.1
Design Arena: SVGNot measured1131Only MiniMax M2.1 measured
Neither model has a result on the other 2 boards here
GeneralLike-for-likePublic boards, shown as published, kept out of the index02
General benchmarks for Kimi K2 0905 and MiniMax M2.1
BenchmarkKimi K2 0905MiniMax M2.1Leader
MedScribe (Vals AI)Not measured80.8%Only MiniMax M2.1 measured
IFBench41.7%69.9%MiniMax M2.1
Long context reasoning (AA-LCR)53.0%67.7%MiniMax M2.1
Fiction.LiveBench66.7%Not measuredOnly Kimi K2 0905 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 Kimi K2 0905 and MiniMax M2.1
BenchmarkKimi K2 0905MiniMax M2.1Leader
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

Kimi K2 0905$0.0019Fits in one request
MiniMax M2.1$0.0009Fits in one request

MiniMax M2.1 costs less

Repository review

50K input + 3K output tokens

Kimi K2 0905$0.037Fits in one request
MiniMax M2.1$0.019Fits in one request

MiniMax M2.1 costs less

Agent loop

200K input + 10K output tokens

Kimi K2 0905$0.145Fits in one request
MiniMax M2.1$0.072Exceeds the context window

MiniMax M2.1 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 Kimi K2 0905 and MiniMax M2.1
SpecificationMoonshotAI Kimi K2 0905MiniMax M2.1
MakerMoonshot AIMiniMax
WeightsOpen weightsOpen weights
ReleasedSeptember 4, 2025December 23, 2025
Context window262K205K
Input $/Mtok$0.60$0.30
Output $/Mtok$2.50$1.20
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it01
Cost per solved taskNot computable$0.59
SourceOpenRouter listingOpenRouter listing

Questions

Is Kimi K2 0905 better than MiniMax M2.1 for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Pick Kimi K2 0905 for a larger context window (262K against 205K tokens) and work measured by LiveCodeBench (Artificial Analysis run) or Terminal-Bench Hard (Artificial Analysis run), where it leads.

Which is cheaper, Kimi K2 0905 or MiniMax M2.1?

Kimi K2 0905 costs $0.60 per million input tokens and $2.50 per million output tokens; MiniMax M2.1 costs $0.30 and $1.20. Cost per solved task is known for MiniMax M2.1 only.

Which has the bigger context window, Kimi K2 0905 or MiniMax M2.1?

Kimi K2 0905, with 262K tokens against 205K.

How many benchmarks is the Kimi K2 0905 vs MiniMax M2.1 comparison based on?

14 benchmarks have a result for both models as of October 22, 2026. Kimi K2 0905's coding index rests on 0 independent benchmarks and MiniMax M2.1's on 1. Where only one model has a result, the page says so instead of naming a winner.

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