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MiniMax M2.5 vs Mistral Small 3

MiniMax M2.5 leads Mistral Small 3 on the Artificial Analysis Intelligence Index, 22.8 to 6.7, and Mistral Small 3 costs 15.0x less per output token ($0.08 vs $1.20 per million). Updated October 22, 2026; 32 benchmarks have a result for both.

MiniMax M2.5MiniMax
Coding
37.2
Overall
37.3
Output $/M
$1.20
32
Mistral Small 3Mistral AI
Coding
No data
Overall
No data
Output $/M
$0.08
0
vs boards won of 32 shared

MiniMax M2.5 or Mistral Small 3: which to pick

Only MiniMax M2.5 has a coding score, 37.2 on the Vibe Coding Index; Mistral Small 3 has none, so the two cannot be ranked on coding.

Pick Mistral Small 3 for output tokens 15.0x cheaper ($0.08 vs $1.20 per million).

Shared results
32
MiniMax M2.5 only
36
Mistral Small 3 only
4
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
MiniMax M2.5 37.2 from 3 benchmarks, Mistral Small 3 not benchmarked.
Widest category
Agentic work, 75.7 points apart on average over 1 shared benchmark.
Widest single gap
τ²-Bench Telecom: MiniMax M2.5 95.3% against Mistral Small 3 19.6%, 75.7 points apart on a 0 to 100 scale.
Output price
MiniMax M2.5 $1.20 against Mistral Small 3 $0.08 per million output tokens, 15.0x apart.
Context window
MiniMax M2.5 takes 205K tokens, Mistral Small 3 33K.

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 M2.5BarsMistral Small 3Ties
Coding20
Intelligence10
Agentic work10
Reasoning50
Math20
Knowledge40
General170
All shared boards320
CodingLike-for-likeSix of these boards feed the Vibe Coding Index20
Coding benchmarks for MiniMax M2.5 and Mistral Small 3
BenchmarkMiniMax M2.5Mistral Small 3Leader
SWE-bench Verified75.8%Not measuredOnly MiniMax M2.5 measured
SWE-bench Multilingual68.3%Not measuredOnly MiniMax M2.5 measured
LMArena WebDev1386Not measuredOnly MiniMax M2.5 measured
LiveCodeBench (Vals AI)79.2%Not measuredOnly MiniMax M2.5 measured
SWE-bench Verified (Vals AI)74.2%Not measuredOnly MiniMax M2.5 measured
Vibe Code Bench (Vals AI)14.8%Not measuredOnly MiniMax M2.5 measured
LiveCodeBench (Artificial Analysis run)Not measured25.2%Only Mistral Small 3 measured
Terminal-Bench Hard (Artificial Analysis run)34.8%Not measuredOnly MiniMax M2.5 measured
Terminal-Bench42.7%Not measuredOnly MiniMax M2.5 measured
ALE-Bench618.2Not measuredOnly MiniMax M2.5 measured
LMArena Text: coding13801246MiniMax M2.5
LMArena Text: software and IT13831248MiniMax M2.5
LMArena WebDev: React1374Not measuredOnly MiniMax M2.5 measured
LMArena WebDev: HTML1414Not measuredOnly MiniMax M2.5 measured
Neither model has a result on the other 25 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index10
Intelligence benchmarks for MiniMax M2.5 and Mistral Small 3
BenchmarkMiniMax M2.5Mistral Small 3Leader
AA Intelligence Index22.86.7MiniMax M2.5
Epoch Capabilities Index146.6Not measuredOnly MiniMax M2.5 measured
Agentic workLike-for-likePublic boards, shown as published, kept out of the index10
Agentic work benchmarks for MiniMax M2.5 and Mistral Small 3
BenchmarkMiniMax M2.5Mistral Small 3Leader
τ²-Bench Telecom95.3%19.6%MiniMax M2.5
Vending-Bench 2-$23Not measuredOnly MiniMax M2.5 measured
Neither model has a result on the other 39 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index50
Reasoning benchmarks for MiniMax M2.5 and Mistral Small 3
BenchmarkMiniMax M2.5Mistral Small 3Leader
GPQA Diamond82.1%Not measuredOnly MiniMax M2.5 measured
GPQA Diamond (Artificial Analysis run)84.8%46.2%MiniMax M2.5
Humanity's Last Exam (Artificial Analysis run)20.5%3.8%MiniMax M2.5
ARC-AGI63.7%Not measuredOnly MiniMax M2.5 measured
ARC-AGI-24.9%Not measuredOnly MiniMax M2.5 measured
LMArena Text: hard prompts13721233MiniMax M2.5
LMArena Text: expert13781202MiniMax M2.5
LMArena Text: hard prompts in English13841243MiniMax M2.5
Kagi LLM Benchmark55.2%Not measuredOnly MiniMax M2.5 measured
Neither model has a result on the other 13 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index20
Math benchmarks for MiniMax M2.5 and Mistral Small 3
BenchmarkMiniMax M2.5Mistral Small 3Leader
AIME88.8%Not measuredOnly MiniMax M2.5 measured
AA Math IndexNot measured4.3Only Mistral Small 3 measured
AIME 2025 (Artificial Analysis run)Not measured4.3%Only Mistral Small 3 measured
ProofBench4.0%Not measuredOnly MiniMax M2.5 measured
LMArena Text: math13781240MiniMax M2.5
LMArena Text: mathematical work13781243MiniMax M2.5
Neither model has a result on the other 7 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index40
Knowledge benchmarks for MiniMax M2.5 and Mistral Small 3
BenchmarkMiniMax M2.5Mistral Small 3Leader
MMLU Pro80.1%Not measuredOnly MiniMax M2.5 measured
LegalBench (Vals AI)80.0%Not measuredOnly MiniMax M2.5 measured
CaseLaw (Vals AI)53.5%Not measuredOnly MiniMax M2.5 measured
CorpFin (Vals AI)59.6%Not measuredOnly MiniMax M2.5 measured
TaxEval (Vals AI)68.2%Not measuredOnly MiniMax M2.5 measured
MedQA (Vals AI)92.5%Not measuredOnly MiniMax M2.5 measured
MMLU Pro (Artificial Analysis run)Not measured65.2%Only Mistral Small 3 measured
LMArena Text: science13691235MiniMax M2.5
LMArena Text: medicine and healthcare13571215MiniMax M2.5
LMArena Text: legal and government13661219MiniMax M2.5
LMArena Text: business and finance13561205MiniMax M2.5
Neither model has a result on the other 7 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index7 boards, none shared
Web design benchmarks for MiniMax M2.5 and Mistral Small 3
BenchmarkMiniMax M2.5Mistral Small 3Leader
Design Arena: websites1222Not measuredOnly MiniMax M2.5 measured
Design Arena: UI components1170Not measuredOnly MiniMax M2.5 measured
Design Arena: game dev1176Not measuredOnly MiniMax M2.5 measured
Design Arena: data viz1172Not measuredOnly MiniMax M2.5 measured
Design Arena: 3D1170Not measuredOnly MiniMax M2.5 measured
Design Arena: all code categories1207Not measuredOnly MiniMax M2.5 measured
Design Arena: SVG1150Not measuredOnly MiniMax M2.5 measured
Neither model has a result on the other 2 boards here
GeneralLike-for-likePublic boards, shown as published, kept out of the index170
General benchmarks for MiniMax M2.5 and Mistral Small 3
BenchmarkMiniMax M2.5Mistral Small 3Leader
IFBench71.6%26.4%MiniMax M2.5
Long context reasoning (AA-LCR)73.3%0.0%MiniMax M2.5
CL-bench11.4%Not measuredOnly MiniMax M2.5 measured
CL-bench Life6.3%Not measuredOnly MiniMax M2.5 measured
LMArena Text13591234MiniMax M2.5
LMArena Text: instruction following13531214MiniMax M2.5
LMArena Text: creative writing13311194MiniMax M2.5
LMArena Text: English13801256MiniMax M2.5
LMArena Text: non-English13381198MiniMax M2.5
LMArena Text: Chinese13931204MiniMax M2.5
LMArena Text: German13611211MiniMax M2.5
LMArena Text: Japanese11711111MiniMax M2.5
LMArena Text: Korean12331188MiniMax M2.5
LMArena Text: French13631204MiniMax M2.5
LMArena Text: Spanish1353Not measuredOnly MiniMax M2.5 measured
LMArena Text: Russian13591216MiniMax M2.5
LMArena Text: Polish1334Not measuredOnly MiniMax M2.5 measured
LMArena Text: multi-turn13641217MiniMax M2.5
LMArena Text: longer queries13661246MiniMax M2.5
LMArena Text: writing and language13451214MiniMax M2.5
LMArena Text: entertainment and media13291184MiniMax M2.5
Neither model has a result on the other 25 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for MiniMax M2.5 and Mistral Small 3
BenchmarkMiniMax M2.5Mistral Small 3Leader
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 M2.5$0.0009Fits in one request
Mistral Small 3$0.0001Fits in one request

Mistral Small 3 costs less

Repository review

50K input + 3K output tokens

MiniMax M2.5$0.019Fits in one request
Mistral Small 3$0.0027Exceeds the context window

Mistral Small 3 costs less

Agent loop

200K input + 10K output tokens

MiniMax M2.5$0.072Exceeds the context window
Mistral Small 3$0.011Exceeds the context window

Mistral Small 3 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 M2.5 and Mistral Small 3
SpecificationMiniMax M2.5Mistral Small 3
MakerMiniMaxMistral AI
WeightsOpen weightsOpen weights
ReleasedFebruary 12, 2026January 30, 2025
Context window205K33K
Input $/Mtok$0.30$0.05
Output $/Mtok$1.20$0.08
Coding index37.2Not benchmarked
Independent measurements behind it30
Cost per solved task$0.62Not computable
SourceOpenRouter listingOpenRouter listing

Questions

Is MiniMax M2.5 better than Mistral Small 3 for coding?

Only MiniMax M2.5 has a coding score, 37.2 on the Vibe Coding Index; Mistral Small 3 has none, so the two cannot be ranked on coding. Pick Mistral Small 3 for output tokens 15.0x cheaper ($0.08 vs $1.20 per million).

Which is cheaper, MiniMax M2.5 or Mistral Small 3?

MiniMax M2.5 costs $0.30 per million input tokens and $1.20 per million output tokens; Mistral Small 3 costs $0.05 and $0.08. Cost per solved task is known for MiniMax M2.5 only.

Which has the bigger context window, MiniMax M2.5 or Mistral Small 3?

MiniMax M2.5, with 205K tokens against 33K.

How many benchmarks is the MiniMax M2.5 vs Mistral Small 3 comparison based on?

32 benchmarks have a result for both models as of October 22, 2026. MiniMax M2.5's coding index rests on 3 independent benchmarks and Mistral Small 3's on 0. Where only one model has a result, the page says so instead of naming a winner.

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