Model comparison

MiniMax-M2 vs Step 5 Preview

Step 5 Preview is the stronger model overall, scoring 47.9 to 37.4 on the Noometry Index. MiniMax-M2 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 . 14 shared benchmarks.

MiniMax-M2 MiniMax

37.4

Rank #204 Confirmed

Step 5 Preview StepFun

47.9

Rank #58 Confirmed

Summary

  • They share 14 benchmarks with published results for both. MiniMax-M2 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 19.4.
  • MiniMax-M2 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 has downloadable open weights; the other is API-only.

Side by side

MiniMax-M2 and Step 5 Preview specifications
MiniMax-M2Step 5 Preview
ProviderMiniMaxStepFun
Noometry Index37.447.9
Released2025-10-272026-09-16
WeightsOpenProprietary
Context window205K1.02M
Max output131K66K
Input $ / M tokens$0.30$1
Output $ / M tokens$1.20$2.70
Results tracked2118

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Category by category

Coding Step 5 Preview leads

MiniMax-M2: 39.3 (#159), Step 5 Preview: 51.8 (#36)

Coding benchmarks
BenchmarkMiniMax-M2Step 5 Preview
LMArena WebDev12971564
LMArena Coding13701480
SWE-bench Verified (bash only)61%—
SciCode—58.9%

Agentic & Tool Use Not comparable

MiniMax-M2: 25.1 (#109), Step 5 Preview: —

Agentic & Tool Use benchmarks
BenchmarkMiniMax-M2Step 5 Preview
Terminal-Bench30%—
Vending-Bench 2160.6—

Reasoning Step 5 Preview leads

MiniMax-M2: 19.4 (#258), Step 5 Preview: 40.0 (#57)

Reasoning benchmarks
BenchmarkMiniMax-M2Step 5 Preview
LMArena Hard Prompts13571465
Kagi LLM Benchmark57.8%—
NYT Connections (extended)14.8%—
CritPt—20.9%

Math Step 5 Preview leads

MiniMax-M2: 37.3 (#160), Step 5 Preview: 46.1 (#72)

Math benchmarks
BenchmarkMiniMax-M2Step 5 Preview
LMArena Math13521470
ProofBench—42%

Knowledge Step 5 Preview leads

MiniMax-M2: 37.0 (#163), Step 5 Preview: 41.2 (#112)

Knowledge benchmarks
BenchmarkMiniMax-M2Step 5 Preview
LMArena Expert13371470

Multimodal Not comparable

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

Multimodal benchmarks
BenchmarkMiniMax-M2Step 5 Preview
LMArena Vision—1267

Multilingual Step 5 Preview leads

MiniMax-M2: 45.3 (#171), Step 5 Preview: 53.8 (#54)

Multilingual benchmarks
BenchmarkMiniMax-M2Step 5 Preview
LMArena Non-English13131432
LMArena Chinese13661519
LMArena Russian13311436
LMArena Spanish13261439
LMArena French1335—
LMArena German1355—

Instruction Following Step 5 Preview leads

MiniMax-M2: 70.2 (#166), Step 5 Preview: 76.0 (#50)

Instruction Following benchmarks
BenchmarkMiniMax-M2Step 5 Preview
LMArena Instruction Following13281444

Long Context Step 5 Preview leads

MiniMax-M2: 40.5 (#153), Step 5 Preview: 44.5 (#64)

Long Context benchmarks
BenchmarkMiniMax-M2Step 5 Preview
LMArena Longer Query13311455

Writing & Preference Step 5 Preview leads

MiniMax-M2: 53.0 (#162), Step 5 Preview: 62.8 (#71)

Writing & Preference benchmarks
BenchmarkMiniMax-M2Step 5 Preview
LMArena Text13401442
LMArena Creative Writing12861410
LMArena Multi-Turn13611447

Frequently asked questions

Is MiniMax-M2 better than Step 5 Preview?

Step 5 Preview is the stronger model overall, scoring 47.9 to 37.4 on the Noometry Index. MiniMax-M2 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 or Step 5 Preview?

MiniMax-M2 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 or Step 5 Preview better for coding?

Step 5 Preview scores higher on coding benchmarks: 51.8 versus 39.3 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 and Step 5 Preview share?

14 benchmarks have published results for both models. MiniMax-M2 has 21 scored results on Noometry and Step 5 Preview has 18.

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