Model comparison

MiniMax-M2.5 vs Step 5 Preview

Step 5 Preview is the stronger model overall, scoring 47.9 to 38.3 on the Noometry Index. MiniMax-M2.5 costs 2.7× less per token, which makes it the better buy when Step 5 Preview's lead doesn't matter for your workload.

Last verified . 15 shared benchmarks.

MiniMax-M2.5 MiniMax

38.3

Rank #188 Confirmed

Step 5 Preview StepFun

47.9

Rank #58 Confirmed

Summary

  • They share 15 benchmarks with published results for both. MiniMax-M2.5 scores higher in 0 categories and Step 5 Preview in 8 categories; 8 gaps are clear of the uncertainty.
  • The widest gap is in reasoning, where Step 5 Preview leads 40.0 to 17.5.
  • The biggest single-benchmark swing is ProofBench: 4% for MiniMax-M2.5 and 42% for Step 5 Preview.
  • MiniMax-M2.5 is cheaper at $0.30 / $1.20 per million input/output tokens, against $1 / $2.70 for Step 5 Preview.
  • Step 5 Preview accepts more context: 1.02M tokens versus 205K.
  • MiniMax-M2.5 has downloadable open weights; the other is API-only.

Side by side

MiniMax-M2.5 and Step 5 Preview specifications
MiniMax-M2.5Step 5 Preview
ProviderMiniMaxStepFun
Noometry Index38.347.9
Released2026-02-122026-09-16
WeightsOpenProprietary
Context window205K1.02M
Max output131K66K
Input $ / M tokens$0.30$1
Output $ / M tokens$1.20$2.70
Results tracked3318

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Category by category

Coding Step 5 Preview leads

MiniMax-M2.5: 48.1 (#58), Step 5 Preview: 51.8 (#36)

Coding benchmarks
BenchmarkMiniMax-M2.5Step 5 Preview
LMArena WebDev13871564
LMArena Coding13811480
SWE-bench Verified (bash only)75.8%—
SWE-bench Multilingual68.3%—
SciCode—58.9%
ALE-Bench618.17—

Agentic & Tool Use Not comparable

MiniMax-M2.5: 30.4 (#77), Step 5 Preview: —

Agentic & Tool Use benchmarks
BenchmarkMiniMax-M2.5Step 5 Preview
Terminal-Bench42.7%—
Vending-Bench 2-23.16—

Reasoning Step 5 Preview leads

MiniMax-M2.5: 17.5 (#292), Step 5 Preview: 40.0 (#57)

Reasoning benchmarks
BenchmarkMiniMax-M2.5Step 5 Preview
LMArena Hard Prompts13721465
ARC-AGI-24.9%—
Kagi LLM Benchmark55.2%—
NYT Connections (extended)16.8%—
ARC-AGI-163.7%—
CritPt—20.9%
Epoch Capabilities Index146.68—

Math Step 5 Preview leads

MiniMax-M2.5: 26.9 (#253), Step 5 Preview: 46.1 (#72)

Math benchmarks
BenchmarkMiniMax-M2.5Step 5 Preview
ProofBench4%42%
LMArena Math13781470

Knowledge Step 5 Preview leads

MiniMax-M2.5: 39.2 (#135), Step 5 Preview: 41.2 (#112)

Knowledge benchmarks
BenchmarkMiniMax-M2.5Step 5 Preview
LMArena Expert13791470
Vectara Hallucination Rate9.1%—

Multimodal Not comparable

MiniMax-M2.5: —, Step 5 Preview: 41.0 (#41)

Multimodal benchmarks
BenchmarkMiniMax-M2.5Step 5 Preview
LMArena Vision—1267

Multilingual Step 5 Preview leads

MiniMax-M2.5: 47.1 (#152), Step 5 Preview: 53.8 (#54)

Multilingual benchmarks
BenchmarkMiniMax-M2.5Step 5 Preview
LMArena Non-English13381432
LMArena Chinese13931519
LMArena Russian13581436
LMArena Spanish13541439
LMArena French1362—
LMArena German1362—
LMArena Japanese1171—
LMArena Korean1232—

Instruction Following Step 5 Preview leads

MiniMax-M2.5: 71.5 (#148), Step 5 Preview: 76.0 (#50)

Instruction Following benchmarks
BenchmarkMiniMax-M2.5Step 5 Preview
LMArena Instruction Following13531444

Long Context Step 5 Preview leads

MiniMax-M2.5: 37.5 (#216), Step 5 Preview: 44.5 (#64)

Long Context benchmarks
BenchmarkMiniMax-M2.5Step 5 Preview
LMArena Longer Query13661455
CL-bench11.4%—
CL-bench Life6.3%—

Writing & Preference Step 5 Preview leads

MiniMax-M2.5: 53.9 (#153), Step 5 Preview: 62.8 (#71)

Writing & Preference benchmarks
BenchmarkMiniMax-M2.5Step 5 Preview
LMArena Text13591442
LMArena Creative Writing13311410
LMArena Multi-Turn13641447
EQ-Bench Creative Writing1361—

Frequently asked questions

Is MiniMax-M2.5 better than Step 5 Preview?

Step 5 Preview is the stronger model overall, scoring 47.9 to 38.3 on the Noometry Index. MiniMax-M2.5 costs 2.7× less per token, which makes it the better buy when Step 5 Preview's lead doesn't matter for your workload.

Which is cheaper, MiniMax-M2.5 or Step 5 Preview?

MiniMax-M2.5 is cheaper. It lists at $0.30 per million input tokens and $1.20 per million output tokens; Step 5 Preview lists at $1 and $2.70.

Is MiniMax-M2.5 or Step 5 Preview better for coding?

Step 5 Preview scores higher on coding benchmarks: 51.8 versus 48.1 in the Noometry coding category.

Which has the bigger context window?

Step 5 Preview does, with 1.02M tokens against 205K.

How many benchmarks do MiniMax-M2.5 and Step 5 Preview share?

15 benchmarks have published results for both models. MiniMax-M2.5 has 33 scored results on Noometry and Step 5 Preview has 18.

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