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MiniMax M2 vs Qwen3 235B A22B Thinking 2507

MiniMax M2 leads Qwen3 235B A22B Thinking 2507 on the Artificial Analysis Intelligence Index, 18.6 to 12.7, and MiniMax M2 costs 3.4x less per output token ($1.02 vs $3.50 per million). Updated October 22, 2026; 33 benchmarks have a result for both.

MiniMax M2MiniMax
Coding
No data
Overall
No data
Output $/M
$1.02
8
Qwen3 235B A22B Thinking 2507Qwen
Coding
No data
Overall
52.9
Output $/M
$3.50
25
vs boards won of 33 shared

MiniMax M2 or Qwen3 235B A22B Thinking 2507: which to pick

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

Pick MiniMax M2 for output tokens 3.4x cheaper ($1.02 vs $3.50 per million) and a larger context window (205K against 128K tokens).

Shared results
33
MiniMax M2 only
17
Qwen3 235B A22B Thinking 2507 only
13
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
MiniMax M2 not benchmarked, Qwen3 235B A22B Thinking 2507 not benchmarked.
Widest category
Web design, 17.5 points apart on average over 6 shared benchmarks.
Widest single gap
Design Arena: UI components: MiniMax M2 1134 against Qwen3 235B A22B Thinking 2507 942, 24.0 points apart on a 0 to 100 scale.
Output price
MiniMax M2 $1.02 against Qwen3 235B A22B Thinking 2507 $3.50 per million output tokens, 3.4x apart.
Context window
MiniMax M2 takes 205K tokens, Qwen3 235B A22B Thinking 2507 128K.

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 M2BarsQwen3 235B A22B Thinking 2507Ties
Coding02
Intelligence10
Agentic work10
Reasoning03
Math02
Knowledge04
Web design60
General014
All shared boards825
CodingLike-for-likeSix of these boards feed the Vibe Coding Index02
Coding benchmarks for MiniMax M2 and Qwen3 235B A22B Thinking 2507
BenchmarkMiniMax M2Qwen3 235B A22B Thinking 2507Leader
SWE-bench Verified61.0%Not measuredOnly MiniMax M2 measured
LMArena WebDev1297Not measuredOnly MiniMax M2 measured
AA Coding IndexNot measured22.1Only Qwen3 235B A22B Thinking 2507 measured
LiveCodeBench (Artificial Analysis run)82.6%Not measuredOnly MiniMax M2 measured
Terminal-Bench Hard (Artificial Analysis run)25.8%Not measuredOnly MiniMax M2 measured
Terminal-Bench30.0%Not measuredOnly MiniMax M2 measured
WeirdMLNot measured41.0%Only Qwen3 235B A22B Thinking 2507 measured
LMArena Text: coding13711424Qwen3 235B A22B Thinking 2507
LMArena Text: software and IT13731431Qwen3 235B A22B Thinking 2507
LMArena WebDev: HTML1306Not measuredOnly MiniMax M2 measured
Neither model has a result on the other 33 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index10
Intelligence benchmarks for MiniMax M2 and Qwen3 235B A22B Thinking 2507
BenchmarkMiniMax M2Qwen3 235B A22B Thinking 2507Leader
AA Intelligence Index18.612.7MiniMax M2
Neither model has a result on the other 1 board here
Agentic workLike-for-likePublic boards, shown as published, kept out of the index10
Agentic work benchmarks for MiniMax M2 and Qwen3 235B A22B Thinking 2507
BenchmarkMiniMax M2Qwen3 235B A22B Thinking 2507Leader
AA Agentic IndexNot measured1.3Only Qwen3 235B A22B Thinking 2507 measured
τ²-Bench Telecom86.8%Not measuredOnly MiniMax M2 measured
Vending-Bench 2$161-$11MiniMax M2
Neither model has a result on the other 39 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index03
Reasoning benchmarks for MiniMax M2 and Qwen3 235B A22B Thinking 2507
BenchmarkMiniMax M2Qwen3 235B A22B Thinking 2507Leader
GPQA Diamond (Artificial Analysis run)77.7%Not measuredOnly MiniMax M2 measured
Humanity's Last Exam (Artificial Analysis run)13.7%Not measuredOnly MiniMax M2 measured
GPQA Diamond (Epoch AI run)Not measured80.1%Only Qwen3 235B A22B Thinking 2507 measured
Mystery game puzzlesNot measured9.0%Only Qwen3 235B A22B Thinking 2507 measured
LMArena Text: hard prompts13571416Qwen3 235B A22B Thinking 2507
LMArena Text: expert13381463Qwen3 235B A22B Thinking 2507
LMArena Text: hard prompts in English13761432Qwen3 235B A22B Thinking 2507
Kagi LLM Benchmark57.8%Not measuredOnly MiniMax M2 measured
Neither model has a result on the other 15 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index02
Math benchmarks for MiniMax M2 and Qwen3 235B A22B Thinking 2507
BenchmarkMiniMax M2Qwen3 235B A22B Thinking 2507Leader
AA Math Index78.3Not measuredOnly MiniMax M2 measured
AIME 2025 (Artificial Analysis run)78.3%Not measuredOnly MiniMax M2 measured
OTIS Mock AIMENot measured86.7%Only Qwen3 235B A22B Thinking 2507 measured
LMArena Text: math13511412Qwen3 235B A22B Thinking 2507
LMArena Text: mathematical work13681435Qwen3 235B A22B Thinking 2507
Neither model has a result on the other 9 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index04
Knowledge benchmarks for MiniMax M2 and Qwen3 235B A22B Thinking 2507
BenchmarkMiniMax M2Qwen3 235B A22B Thinking 2507Leader
MMLU Pro (Artificial Analysis run)82.0%Not measuredOnly MiniMax M2 measured
SimpleQA VerifiedNot measured40.4%Only Qwen3 235B A22B Thinking 2507 measured
LMArena Text: science13481433Qwen3 235B A22B Thinking 2507
LMArena Text: medicine and healthcare13671456Qwen3 235B A22B Thinking 2507
LMArena Text: legal and government13491415Qwen3 235B A22B Thinking 2507
LMArena Text: business and finance13361413Qwen3 235B A22B Thinking 2507
Neither model has a result on the other 14 boards here
Web designLike-for-likePublic boards, shown as published, kept out of the index60
Web design benchmarks for MiniMax M2 and Qwen3 235B A22B Thinking 2507
BenchmarkMiniMax M2Qwen3 235B A22B Thinking 2507Leader
Design Arena: websites11431052MiniMax M2
Design Arena: UI components1134942MiniMax M2
Design Arena: game dev1118956MiniMax M2
Design Arena: data viz1140950MiniMax M2
Design Arena: 3D1098997MiniMax M2
Design Arena: all code categories11351032MiniMax M2
Design Arena: SVG1100Not measuredOnly MiniMax M2 measured
Neither model has a result on the other 2 boards here
GeneralLike-for-likePublic boards, shown as published, kept out of the index014
General benchmarks for MiniMax M2 and Qwen3 235B A22B Thinking 2507
BenchmarkMiniMax M2Qwen3 235B A22B Thinking 2507Leader
IFBench72.3%Not measuredOnly MiniMax M2 measured
Long context reasoning (AA-LCR)64.3%Not measuredOnly MiniMax M2 measured
DTBenchNot measured80.3%Only Qwen3 235B A22B Thinking 2507 measured
LMCANot measured29.3%Only Qwen3 235B A22B Thinking 2507 measured
Fiction.LiveBenchNot measured75.0%Only Qwen3 235B A22B Thinking 2507 measured
Creative writing (Lech Mazur)Not measured82.4%Only Qwen3 235B A22B Thinking 2507 measured
LMArena Text13401415Qwen3 235B A22B Thinking 2507
LMArena Text: instruction following13291386Qwen3 235B A22B Thinking 2507
LMArena Text: creative writing12861384Qwen3 235B A22B Thinking 2507
LMArena Text: English13641429Qwen3 235B A22B Thinking 2507
LMArena Text: non-English13131397Qwen3 235B A22B Thinking 2507
LMArena Text: Chinese13661481Qwen3 235B A22B Thinking 2507
LMArena Text: German13571408Qwen3 235B A22B Thinking 2507
LMArena Text: JapaneseNot measured1386Only Qwen3 235B A22B Thinking 2507 measured
LMArena Text: KoreanNot measured1375Only Qwen3 235B A22B Thinking 2507 measured
LMArena Text: French1336Not measuredOnly MiniMax M2 measured
LMArena Text: Spanish13261389Qwen3 235B A22B Thinking 2507
LMArena Text: Russian13301401Qwen3 235B A22B Thinking 2507
LMArena Text: Polish13121390Qwen3 235B A22B Thinking 2507
LMArena Text: multi-turn13611406Qwen3 235B A22B Thinking 2507
LMArena Text: longer queries13311400Qwen3 235B A22B Thinking 2507
LMArena Text: writing and language12951388Qwen3 235B A22B Thinking 2507
LMArena Text: entertainment and media12981370Qwen3 235B A22B Thinking 2507
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 and Qwen3 235B A22B Thinking 2507
BenchmarkMiniMax M2Qwen3 235B A22B Thinking 2507Leader
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$0.0008Fits in one request
Qwen3 235B A22B Thinking 2507$0.0022Fits in one request

MiniMax M2 costs less

Repository review

50K input + 3K output tokens

MiniMax M2$0.016Fits in one request
Qwen3 235B A22B Thinking 2507$0.033Fits in one request

MiniMax M2 costs less

Agent loop

200K input + 10K output tokens

MiniMax M2$0.061Exceeds the context window
Qwen3 235B A22B Thinking 2507$0.125Exceeds the context window

MiniMax M2 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 and Qwen3 235B A22B Thinking 2507
SpecificationMiniMax M2Qwen3 235B A22B Thinking 2507
MakerMiniMaxQwen
WeightsOpen weightsOpen weights
ReleasedOctober 23, 2025July 25, 2025
Context window205K128K
Input $/Mtok$0.255$0.45
Output $/Mtok$1.02$3.50
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it10
Cost per solved task$0.702Not computable
SourceOpenRouter listingOpenRouter listing

Questions

Is MiniMax M2 better than Qwen3 235B A22B Thinking 2507 for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Pick MiniMax M2 for output tokens 3.4x cheaper ($1.02 vs $3.50 per million) and a larger context window (205K against 128K tokens).

Which is cheaper, MiniMax M2 or Qwen3 235B A22B Thinking 2507?

MiniMax M2 costs $0.255 per million input tokens and $1.02 per million output tokens; Qwen3 235B A22B Thinking 2507 costs $0.45 and $3.50. Cost per solved task is known for MiniMax M2 only.

Which has the bigger context window, MiniMax M2 or Qwen3 235B A22B Thinking 2507?

MiniMax M2, with 205K tokens against 128K.

How many benchmarks is the MiniMax M2 vs Qwen3 235B A22B Thinking 2507 comparison based on?

33 benchmarks have a result for both models as of October 22, 2026. MiniMax M2's coding index rests on 1 independent benchmark and Qwen3 235B A22B Thinking 2507's on 0. Where only one model has a result, the page says so instead of naming a winner.

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