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MiniMax M1 vs o3 Mini

o3 Mini leads MiniMax M1 on the Artificial Analysis Intelligence Index, 12.5 to 11.7, and MiniMax M1 costs 2.0x less per output token ($2.20 vs $4.40 per million). Updated October 21, 2026; 29 benchmarks have a result for both.

MiniMax M1MiniMax
Coding
No data
Overall
No data
Output $/M
$2.20
15
o3 MiniOpenAI
Coding
No data
Overall
38.0
Output $/M
$4.40
14
vs boards won of 29 shared

MiniMax M1 or o3 Mini: which to pick

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

Pick MiniMax M1 for output tokens 2.0x cheaper ($2.20 vs $4.40 per million) and a larger context window (1M against 200K tokens).

Shared results
29
MiniMax M1 only
0
o3 Mini only
42
Like-for-like categories
6 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
MiniMax M1 not benchmarked, o3 Mini not benchmarked.
Widest category
Math, 5.9 points apart on average over 2 shared benchmarks.
Widest single gap
LMArena Text: Japanese: MiniMax M1 1217 against o3 Mini 1286, 11.4 points apart on a 0 to 100 scale.
Output price
MiniMax M1 $2.20 against o3 Mini $4.40 per million output tokens, 2.0x apart.
Context window
MiniMax M1 takes 1M tokens, o3 Mini 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
CategoryMiniMax M1Barso3 MiniTies
Coding02
Intelligence01
Reasoning03
Math02
Knowledge40
General116
All shared boards1514
CodingLike-for-likeSix of these boards feed the Vibe Coding Index02
Coding benchmarks for MiniMax M1 and o3 Mini
BenchmarkMiniMax M1o3 MiniLeader
Aider polyglotNot measured60.4%Only o3 Mini measured
SWE-bench VerifiedNot measured42.4%Only o3 Mini measured
SWE-bench LiteNot measured32.3%Only o3 Mini measured
LiveCodeBench (Vals AI)Not measured71.5%Only o3 Mini measured
LiveCodeBench (Artificial Analysis run)Not measured73.4%Only o3 Mini measured
SciCodeNot measured42.8%Only o3 Mini measured
Terminal-Bench Hard (Artificial Analysis run)Not measured6.8%Only o3 Mini measured
GSO-BenchNot measured1.3%Only o3 Mini measured
WeirdMLNot measured43.7%Only o3 Mini measured
CybenchNot measured22.5%Only o3 Mini measured
LMArena Text: coding13591378o3 Mini
LMArena Text: software and IT13591364o3 Mini
SciCodeNot measured7.7%Only o3 Mini measured
Neither model has a result on the other 26 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index01
Intelligence benchmarks for MiniMax M1 and o3 Mini
BenchmarkMiniMax M1o3 MiniLeader
AA Intelligence Index11.712.5o3 Mini
Epoch Capabilities IndexNot measured140.2Only o3 Mini measured
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index1 board, none shared
Agentic work benchmarks for MiniMax M1 and o3 Mini
BenchmarkMiniMax M1o3 MiniLeader
τ²-Bench TelecomNot measured31.3%Only o3 Mini measured
Neither model has a result on the other 40 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index03
Reasoning benchmarks for MiniMax M1 and o3 Mini
BenchmarkMiniMax M1o3 MiniLeader
GPQA DiamondNot measured75.5%Only o3 Mini measured
GPQA Diamond (Artificial Analysis run)Not measured77.3%Only o3 Mini measured
Humanity's Last Exam (Artificial Analysis run)Not measured12.0%Only o3 Mini measured
GPQA Diamond (Epoch AI run)Not measured77.0%Only o3 Mini measured
ARC-AGINot measured34.5%Only o3 Mini measured
ARC-AGI-2Not measured3.0%Only o3 Mini measured
SimpleBenchNot measured22.8%Only o3 Mini measured
Chess puzzlesNot measured15.0%Only o3 Mini measured
Mystery game puzzlesNot measured7.0%Only o3 Mini measured
LMArena Text: hard prompts13391365o3 Mini
LMArena Text: expert13171364o3 Mini
LMArena Text: hard prompts in English13531375o3 Mini
Neither model has a result on the other 10 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index02
Math benchmarks for MiniMax M1 and o3 Mini
BenchmarkMiniMax M1o3 MiniLeader
AIMENot measured86.5%Only o3 Mini measured
MATH 500 (Vals AI)Not measured91.8%Only o3 Mini measured
MGSM (Vals AI)Not measured91.3%Only o3 Mini measured
OTIS Mock AIMENot measured76.9%Only o3 Mini measured
FrontierMath, tiers 1 to 3Not measured18.6%Only o3 Mini measured
FrontierMath, tier 4Not measured0.0%Only o3 Mini measured
MATH level 5Not measured96.5%Only o3 Mini measured
LMArena Text: math13611396o3 Mini
LMArena Text: mathematical work13631399o3 Mini
Neither model has a result on the other 4 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index40
Knowledge benchmarks for MiniMax M1 and o3 Mini
BenchmarkMiniMax M1o3 MiniLeader
MMLU ProNot measured78.7%Only o3 Mini measured
LegalBench (Vals AI)Not measured71.5%Only o3 Mini measured
CorpFin (Vals AI)Not measured45.3%Only o3 Mini measured
TaxEval (Vals AI)Not measured69.4%Only o3 Mini measured
MedQA (Vals AI)Not measured94.8%Only o3 Mini measured
MMLU Pro (Artificial Analysis run)Not measured80.2%Only o3 Mini measured
SimpleQA VerifiedNot measured15.3%Only o3 Mini measured
LMArena Text: science13541339MiniMax M1
LMArena Text: medicine and healthcare13551330MiniMax M1
LMArena Text: legal and government13371328MiniMax M1
LMArena Text: business and finance13191313MiniMax M1
Neither model has a result on the other 7 boards here
Web designNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Web design benchmarks for MiniMax M1 and o3 Mini
BenchmarkMiniMax M1o3 MiniLeader
Neither model has a result on 9 boards here
GeneralLike-for-likePublic boards, shown as published, kept out of the index116
General benchmarks for MiniMax M1 and o3 Mini
BenchmarkMiniMax M1o3 MiniLeader
IFBenchNot measured67.1%Only o3 Mini measured
Long context reasoning (AA-LCR)Not measured43.0%Only o3 Mini measured
DTBenchNot measured68.8%Only o3 Mini measured
LMCANot measured19.0%Only o3 Mini measured
Fiction.LiveBenchNot measured50.0%Only o3 Mini measured
Creative writing (Lech Mazur)Not measured61.7%Only o3 Mini measured
LMArena Text13431337MiniMax M1
LMArena Text: instruction following13121337o3 Mini
LMArena Text: creative writing12971286MiniMax M1
LMArena Text: English13631351MiniMax M1
LMArena Text: non-English13191319MiniMax M1
LMArena Text: Chinese13601379o3 Mini
LMArena Text: German13501303MiniMax M1
LMArena Text: Japanese12171286o3 Mini
LMArena Text: Korean12661313o3 Mini
LMArena Text: French13701334MiniMax M1
LMArena Text: Spanish13531321MiniMax M1
LMArena Text: Russian13291304MiniMax M1
LMArena Text: Polish13291294MiniMax M1
LMArena Text: multi-turn13351320MiniMax M1
LMArena Text: longer queries13261343o3 Mini
LMArena Text: writing and language13111313o3 Mini
LMArena Text: entertainment and media13031283MiniMax M1
Neither model has a result on the other 23 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for MiniMax M1 and o3 Mini
BenchmarkMiniMax M1o3 MiniLeader
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

MiniMax M1$0.0015Fits in one request
o3 Mini$0.0033Fits in one request

MiniMax M1 costs less

Repository review

50K input + 3K output tokens

MiniMax M1$0.027Fits in one request
o3 Mini$0.068Fits in one request

MiniMax M1 costs less

Agent loop

200K input + 10K output tokens

MiniMax M1$0.102Fits in one request
o3 Mini$0.264Exceeds the context window

MiniMax M1 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 MiniMax M1 and o3 Mini
SpecificationMiniMax M1OpenAI o3 Mini
MakerMiniMaxOpenAI
WeightsNo public weights listedNo public weights listed
ReleasedJune 17, 2025January 31, 2025
Context window1M200K
Input $/Mtok$0.40$1.10
Output $/Mtok$2.20$4.40
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it00
Cost per solved taskNot computableNot computable
SourceOpenRouter listingOpenRouter listing

Questions

Is MiniMax M1 better than o3 Mini for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Pick MiniMax M1 for output tokens 2.0x cheaper ($2.20 vs $4.40 per million) and a larger context window (1M against 200K tokens).

Which is cheaper, MiniMax M1 or o3 Mini?

MiniMax M1 costs $0.40 per million input tokens and $2.20 per million output tokens; o3 Mini costs $1.10 and $4.40. Cost per solved task is known for neither of them.

Which has the bigger context window, MiniMax M1 or o3 Mini?

MiniMax M1, with 1M tokens against 200K.

How many benchmarks is the MiniMax M1 vs o3 Mini comparison based on?

29 benchmarks have a result for both models as of October 21, 2026. MiniMax M1's coding index rests on 0 independent benchmarks and o3 Mini's on 0. Where only one model has a result, the page says so instead of naming a winner.

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