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MiniMax

MiniMax M2.5 API pricing

MiniMax M2.5 is MiniMax’s model on the API market, released 12 Feb 2026. Prices are per million tokens in USD, as last read from the price list.

$0.27Input / 1M
$1.08Output / 1M
205KContext
128KMax output
Specification
USD per million tokens
Provider
MiniMax
Model id
minimax/minimax-m2.5
Input
$0.27
Output
$1.08
Cached input
$0.027
Context window
205K tokens
Maximum output
128K tokens
Takes
text
Returns
text
Tool use
Yes
Reasoning
Yes
Released
12 Feb 2026
First tracked
17 Sept 2026

At $0.27 per million input tokens, MiniMax M2.5 is dearer than 130 of the 326 models on the price list.

Price changes
Tracked since 17 Sept 2026

No price change has been recorded since tracking began on 17 Sept 2026. Prices are checked every six hours, and any change is listed here and on model changes.

More from MiniMax
Cheapest input first
  1. MiniMax-01$0.20 in · $1.10 out
  2. MiniMax M2$0.26 in · $1.02 out
  3. MiniMax M3$0.30 in · $1.20 out
  4. MiniMax M2.7$0.30 in · $1.20 out
  5. MiniMax M2-her$0.30 in · $1.20 out
  6. MiniMax M2.1$0.30 in · $1.20 out
  7. MiniMax M1$0.40 in · $2.20 out

Prices and specifications come from OpenRouter’s catalogue, last read 17 Sept 2026. A provider’s own price may differ; how this is collected.