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Step 5 Preview vs MiMo-V2.5

Step 5 Preview leads MiMo-V2.5 on coding, 61.1 to 50.0 on the Vibe Coding Index, and MiMo-V2.5 costs 8.0x less per output token ($0.336 vs $2.70 per million). Updated October 22, 2026; 44 benchmarks have a result for both.

Step 5 PreviewStepFun
Coding
61.1
Overall
60.5
Output $/M
$2.70
40
MiMo-V2.5Xiaomi
Coding
50.0
Overall
50.7
Output $/M
$0.336
4
vs boards won of 44 shared

Step 5 Preview or MiMo-V2.5: which to pick

Pick Step 5 Preview for coding: it scores 61.1 on the Vibe Coding Index against 50.0 for MiMo-V2.5.

Pick MiMo-V2.5 for output tokens 8.0x cheaper ($0.336 vs $2.70 per million) and a larger context window (1.05M against 1.05M tokens).

Shared results
44
Step 5 Preview only
17
MiMo-V2.5 only
36
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
Step 5 Preview 61.1 from 4 benchmarks, MiMo-V2.5 50.0 from 3 benchmarks.
Widest category
Intelligence, 21.9 points apart on average over 1 shared benchmark.
Widest single gap
Legal Research Bench (Vals AI): Step 5 Preview 40.4% against MiMo-V2.5 9.1%, 31.3 points apart on a 0 to 100 scale.
Output price
Step 5 Preview $2.70 against MiMo-V2.5 $0.336 per million output tokens, 8.0x apart.
Context window
Step 5 Preview takes 1.05M tokens, MiMo-V2.5 1.05M.

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
CategoryStep 5 PreviewBarsMiMo-V2.5Ties
Coding80
Intelligence10
Agentic work40
Reasoning51
Math30
Knowledge40
General153
All shared boards404
CodingLike-for-likeSix of these boards feed the Vibe Coding Index80
Coding benchmarks for Step 5 Preview and MiMo-V2.5
BenchmarkStep 5 PreviewMiMo-V2.5Leader
LiveBench coding85.6%Not measuredOnly Step 5 Preview measured
LMArena WebDev15671438Step 5 Preview
AA Coding IndexNot measured56.8Only MiMo-V2.5 measured
LiveCodeBench (Vals AI)Not measured81.5%Only MiMo-V2.5 measured
SWE-bench Verified (Vals AI)Not measured71.0%Only MiMo-V2.5 measured
Terminal-Bench 4 (Vals AI)31.8%Not measuredOnly Step 5 Preview measured
Vibe Code Bench (Vals AI)70.4%42.2%Step 5 Preview
Code migration (Vals AI)39.0%14.2%Step 5 Preview
IOI (Vals AI)38.1%Not measuredOnly Step 5 Preview measured
Terminal-Bench 2.1 (Vals AI)Not measured60.7%Only MiMo-V2.5 measured
SWE-bench Multimodal (Vals AI)40.8%Not measuredOnly Step 5 Preview measured
SciCode58.9%43.9%Step 5 Preview
Terminal-Bench Hard (Artificial Analysis run)Not measured41.7%Only MiMo-V2.5 measured
ALE-BenchNot measured514.0Only MiMo-V2.5 measured
LMArena Text: coding14851469Step 5 Preview
LMArena Text: software and IT14731463Step 5 Preview
LMArena WebDev: React15831425Step 5 Preview
LMArena WebDev: HTML15561429Step 5 Preview
LMArena WebDev: from an image1550Not measuredOnly Step 5 Preview measured
Neither model has a result on the other 20 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index10
Intelligence benchmarks for Step 5 Preview and MiMo-V2.5
BenchmarkStep 5 PreviewMiMo-V2.5Leader
AA Intelligence Index43.721.8Step 5 Preview
Neither model has a result on the other 1 board here
Agentic workLike-for-likePublic boards, shown as published, kept out of the index40
Agentic work benchmarks for Step 5 Preview and MiMo-V2.5
BenchmarkStep 5 PreviewMiMo-V2.5Leader
AA Agentic IndexNot measured15.8Only MiMo-V2.5 measured
LiveBench research72.8%Not measuredOnly Step 5 Preview measured
LiveBench browser24.0%Not measuredOnly Step 5 Preview measured
LiveBench long agentic27.5%Not measuredOnly Step 5 Preview measured
SREBench (Vals AI)0.4%Not measuredOnly Step 5 Preview measured
Finance Agent (Vals AI)50.7%36.7%Step 5 Preview
Tax Agent Bench (Vals AI)27.3%7.8%Step 5 Preview
Legal Research Bench (Vals AI)40.4%9.1%Step 5 Preview
Excel Modeling Benchmark (Vals AI)57.1%55.1%Step 5 Preview
BioMysteryBench (Vals AI)67.4%Not measuredOnly Step 5 Preview measured
Terminal-Bench-Science (Vals AI)2.9%Not measuredOnly Step 5 Preview measured
Vals Science Index29.6%Not measuredOnly Step 5 Preview measured
τ²-Bench TelecomNot measured90.6%Only MiMo-V2.5 measured
Neither model has a result on the other 28 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index51
Reasoning benchmarks for Step 5 Preview and MiMo-V2.5
BenchmarkStep 5 PreviewMiMo-V2.5Leader
GPQA DiamondNot measured81.6%Only MiMo-V2.5 measured
LiveBench reasoning83.8%Not measuredOnly Step 5 Preview measured
MysteryMechanism (Vals AI)18.5%Not measuredOnly Step 5 Preview measured
MMMU Pro (Vals AI)Not measured80.0%Only MiMo-V2.5 measured
GPQA Diamond (Artificial Analysis run)Not measured84.9%Only MiMo-V2.5 measured
Humanity's Last Exam (Artificial Analysis run)46.5%27.2%Step 5 Preview
LMArena Text: hard prompts14611450Step 5 Preview
LMArena Text: expert14851459Step 5 Preview
LMArena Text: hard prompts in English14541461MiMo-V2.5
LMArena Vision: diagrams13081269Step 5 Preview
LMArena Vision: homework12651262Step 5 Preview
Neither model has a result on the other 11 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index30
Math benchmarks for Step 5 Preview and MiMo-V2.5
BenchmarkStep 5 PreviewMiMo-V2.5Leader
ProofBench42.0%16.0%Step 5 Preview
LMArena Text: math14581436Step 5 Preview
LMArena Text: mathematical work14601451Step 5 Preview
Neither model has a result on the other 10 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index40
Knowledge benchmarks for Step 5 Preview and MiMo-V2.5
BenchmarkStep 5 PreviewMiMo-V2.5Leader
MMLU ProNot measured82.9%Only MiMo-V2.5 measured
LegalBench (Vals AI)Not measured78.9%Only MiMo-V2.5 measured
CorpFin (Vals AI)Not measured59.9%Only MiMo-V2.5 measured
TaxEval (Vals AI)Not measured71.8%Only MiMo-V2.5 measured
MortgageTax (Vals AI)Not measured59.3%Only MiMo-V2.5 measured
MedCode (Vals AI)Not measured31.9%Only MiMo-V2.5 measured
LMArena Text: science14541440Step 5 Preview
LMArena Text: medicine and healthcare14391432Step 5 Preview
LMArena Text: legal and government14371425Step 5 Preview
LMArena Text: business and finance14351432Step 5 Preview
Neither model has a result on the other 8 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index9 boards, none shared
Web design benchmarks for Step 5 Preview and MiMo-V2.5
BenchmarkStep 5 PreviewMiMo-V2.5Leader
Design Arena: websitesNot measured1265Only MiMo-V2.5 measured
Design Arena: UI componentsNot measured1255Only MiMo-V2.5 measured
Design Arena: game devNot measured1249Only MiMo-V2.5 measured
Design Arena: data vizNot measured1250Only MiMo-V2.5 measured
Design Arena: 3DNot measured1215Only MiMo-V2.5 measured
Design Arena: all code categoriesNot measured1260Only MiMo-V2.5 measured
Design Arena: SVGNot measured1179Only MiMo-V2.5 measured
Design Arena: ASCII artNot measured1140Only MiMo-V2.5 measured
LiveBench design76.9%Not measuredOnly Step 5 Preview measured
GeneralLike-for-likePublic boards, shown as published, kept out of the index153
General benchmarks for Step 5 Preview and MiMo-V2.5
BenchmarkStep 5 PreviewMiMo-V2.5Leader
LiveBench data analysis63.5%Not measuredOnly Step 5 Preview measured
Public Benefits Bench (Vals AI)58.1%Not measuredOnly Step 5 Preview measured
SAGE (Vals AI)Not measured43.3%Only MiMo-V2.5 measured
MedScribe (Vals AI)Not measured72.2%Only MiMo-V2.5 measured
Vals Multimodal IndexNot measured52.8%Only MiMo-V2.5 measured
IFBenchNot measured67.1%Only MiMo-V2.5 measured
Long context reasoning (AA-LCR)88.3%73.0%Step 5 Preview
LMArena Text14401428Step 5 Preview
LMArena Text: instruction following14381435Step 5 Preview
LMArena Text: creative writing14091393Step 5 Preview
LMArena Vision12651247Step 5 Preview
LMArena Text: English14471447MiMo-V2.5
LMArena Text: non-English14281405Step 5 Preview
LMArena Text: Chinese15001469Step 5 Preview
LMArena Text: GermanNot measured1421Only MiMo-V2.5 measured
LMArena Text: Japanese13831306Step 5 Preview
LMArena Text: KoreanNot measured1361Only MiMo-V2.5 measured
LMArena Text: French14381448MiMo-V2.5
LMArena Text: Spanish14411414Step 5 Preview
LMArena Text: Russian14331396Step 5 Preview
LMArena Text: PolishNot measured1413Only MiMo-V2.5 measured
LMArena Text: multi-turn14371445MiMo-V2.5
LMArena Text: longer queries14491445Step 5 Preview
LMArena Text: writing and language14251409Step 5 Preview
LMArena Text: entertainment and media14121399Step 5 Preview
LMArena Vision: English12901259Step 5 Preview
LMArena Vision: ChineseNot measured1326Only MiMo-V2.5 measured
LMArena Vision: reading text12821256Step 5 Preview
LMArena Vision: humorNot measured1226Only MiMo-V2.5 measured
LMArena Vision: recognizing thingsNot measured1189Only MiMo-V2.5 measured
LMArena Vision: creative writingNot measured1230Only MiMo-V2.5 measured
Neither model has a result on the other 15 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for Step 5 Preview and MiMo-V2.5
BenchmarkStep 5 PreviewMiMo-V2.5Leader
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

Step 5 Preview$0.0024Fits in one request
MiMo-V2.5$0.0003Fits in one request

MiMo-V2.5 costs less

Repository review

50K input + 3K output tokens

Step 5 Preview$0.058Fits in one request
MiMo-V2.5$0.0094Fits in one request

MiMo-V2.5 costs less

Agent loop

200K input + 10K output tokens

Step 5 Preview$0.227Fits in one request
MiMo-V2.5$0.037Fits in one request

MiMo-V2.5 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 Step 5 Preview and MiMo-V2.5
SpecificationStepFun Step 5 PreviewXiaomi MiMo-V2.5
MakerStepFunXiaomi
WeightsOpen weightsOpen weights
ReleasedOctober 8, 2026April 22, 2026
Context window1.05M1.05M
Input $/Mtok$1.00$0.168
Output $/Mtok$2.70$0.336
Coding index61.150.0
Independent measurements behind it43
Cost per solved taskNot computable$0.01
SourceOpenRouter listingOpenRouter listing

Questions

Is Step 5 Preview better than MiMo-V2.5 for coding?

Pick Step 5 Preview for coding: it scores 61.1 on the Vibe Coding Index against 50.0 for MiMo-V2.5. Pick MiMo-V2.5 for output tokens 8.0x cheaper ($0.336 vs $2.70 per million) and a larger context window (1.05M against 1.05M tokens).

Which is cheaper, Step 5 Preview or MiMo-V2.5?

Step 5 Preview costs $1.00 per million input tokens and $2.70 per million output tokens; MiMo-V2.5 costs $0.168 and $0.336. Cost per solved task is known for MiMo-V2.5 only.

Which has the bigger context window, Step 5 Preview or MiMo-V2.5?

MiMo-V2.5, with 1.05M tokens against 1.05M.

How many benchmarks is the Step 5 Preview vs MiMo-V2.5 comparison based on?

44 benchmarks have a result for both models as of October 22, 2026. Step 5 Preview's coding index rests on 4 independent benchmarks and MiMo-V2.5's on 3. Where only one model has a result, the page says so instead of naming a winner.

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<iframe src="https://llmbenchmark.ai/embed/compare/stepfun-step-5-preview-vs-xiaomi-mimo-v2-5" title="Step 5 Preview vs MiMo-V2.5, LLMBenchmark.ai" width="100%" height="360" style="border:0;max-width:100%" loading="lazy"></iframe>
<p style="font:13px/1.4 sans-serif;margin:6px 0 0">Source: <a href="https://llmbenchmark.ai/compare/stepfun-step-5-preview-vs-xiaomi-mimo-v2-5">LLMBenchmark.ai, Step 5 Preview vs MiMo-V2.5</a></p>