LongCat-Flash-Thinking vs MiniMax M2.5

    Comparison

    As of August 20, 2026, LongCat-Flash-Thinking and MiniMax M2.5 have the same blended API cost at $1.50 per 1 million input plus 1 million output tokens. LongCat-Flash-Thinking is $0.30 / $1.20 per million tokens versus MiniMax M2.5 at $0.30 / $1.20. Source: https://anotherwrapper.com/tools/llm-pricing

    Source: AnotherWrapper LLM pricing (https://anotherwrapper.com/tools/llm-pricing)

    LongCat-Flash-Thinking

    Meituan

    $1.50blended / 1M

    Input

    $0.30

    Output

    $1.20

    128K ctx|Open Source
    vs

    MiniMax M2.5

    MiniMax

    $1.50blended / 1M

    Input

    $0.30

    Output

    $1.20

    1M ctx|Open Source

    LongCat-Flash-Thinking vs MiniMax M2.5 comparison

    Token pricing, specs, and benchmarks side by side

    Metric
    LongCat-Flash-Thinking
    MiniMax M2.5
    Provider
    Provider
    Meituan
    MiniMax
    License
    Open Source
    Open Source
    Release Date
    2025-09-22
    2026-02-12
    Pricing (per 1M tokens)
    Input Price0%
    $0.30
    $0.30
    Output Price0%
    $1.20
    $1.20
    Blended (1M + 1M)
    $1.50
    $1.50
    Model Details
    Context Window
    128K
    1M
    Max Output Tokens
    128K
    1M
    Knowledge Cutoff
    N/A
    N/A
    Throughput
    100 tok/s
    100 tok/s
    Benchmarks
    81.5%
    82.1%
    79.4%
    79.2%
    76.3%
    4.9%
    90.6%
    88.8%
    93.3%
    99.2%
    50.3%
    74.4%
    59.6%
    59%
    6.7%
    92.5%
    74.4%
    82.6%
    80.1%
    89.3%
    68.2%
    54.2%
    95.5%
    Benchmark Wins
    LongCat-Flash-Thinking 3|1 MiniMax M2.5

    Verdict

    LongCat-Flash-Thinking vs MiniMax M2.5: the bottom line

    LongCat-Flash-Thinking offers both lower pricing and stronger benchmark performance across the board, making it the clear value leader in this comparison.

    LongCat-Flash-Thinking vs MiniMax M2.5 FAQ

    Which is cheaper, LongCat-Flash-Thinking or MiniMax M2.5?

    As of August 20, 2026, LongCat-Flash-Thinking is 0% cheaper on blended LLM API pricing. LongCat-Flash-Thinking costs $0.30 per million input tokens and $1.20 per million output tokens ($1.50 blended 1M-in + 1M-out). MiniMax M2.5 costs $0.30 / $1.20 per million tokens ($1.50 blended). Sources: https://anotherwrapper.com/tools/llm-pricing and https://anotherwrapper.com/tools/llm-pricing. The cheapest LLM for your app still depends on how many output tokens you generate.

    How much does LongCat-Flash-Thinking vs MiniMax M2.5 cost per million tokens?

    LongCat-Flash-Thinking Meituan API pricing is $0.30 input and $1.20 output per million tokens via Meituan. MiniMax M2.5 MiniMax API pricing is $0.30 input and $1.20 output per million tokens via MiniMax. Use those four numbers, not ChatGPT Plus or Claude Pro subscription prices, when you are comparing APIs.

    Which is better for coding, LongCat-Flash-Thinking or MiniMax M2.5?

    MiniMax M2.5 leads on SWE-bench Verified: LongCat-Flash-Thinking at 59.4% vs MiniMax M2.5 at 80.2%. SWE-bench measures real GitHub fixes; LiveCodeBench measures contest programming.

    What is the context window for LongCat-Flash-Thinking vs MiniMax M2.5?

    LongCat-Flash-Thinking supports a 128K token context window, while MiniMax M2.5 supports 1M tokens. MiniMax M2.5 offers a larger context window. Filling a larger window bills more input tokens, so the cheaper-per-million model can still cost more on long documents.

    Which model performs better on benchmarks, LongCat-Flash-Thinking or MiniMax M2.5?

    LongCat-Flash-Thinking leads on 3 of 4 shared benchmarks versus MiniMax M2.5's 1 wins. Check the comparison table for GPQA Diamond, SWE-bench, MMLU, HLE, and the other evals we track. Token price and benchmark score together are the usual LLM comparison, not either number alone.

    Is LongCat-Flash-Thinking or MiniMax M2.5 better for production use?

    Both LongCat-Flash-Thinking and MiniMax M2.5 are production API models. For cost-sensitive production traffic, LongCat-Flash-Thinking has better economics on the blended 1M-in + 1M-out scale. For maximum capability, weight the benchmark table for your domain. Many production stacks route cheap models for drafts and a frontier model for the hard turn, which is usually cheaper than sending everything to the expensive API.

    Can I switch between LongCat-Flash-Thinking and MiniMax M2.5 in my app?

    Yes. Call LongCat-Flash-Thinking through Meituan and MiniMax M2.5 through MiniMax with separate API keys, or through a gateway that already wraps both. Keep prompts in tokens, not characters, when you estimate the invoice. AnotherWrapper templates can swap providers without rewriting auth and billing.

    How accurate is this LongCat-Flash-Thinking vs MiniMax M2.5 pricing data?

    List rates are the latest published Meituan API pricing and MiniMax API pricing, quoted per million tokens. Official rate sheets: https://anotherwrapper.com/tools/llm-pricing and https://anotherwrapper.com/tools/llm-pricing. Prompt caching, batch APIs, and committed-use discounts can change the invoice. Benchmark scores are from official publications and independent evals, updated as new numbers land.

    What is the output token limit for LongCat-Flash-Thinking and MiniMax M2.5?

    LongCat-Flash-Thinking supports up to 128K output tokens per request, while MiniMax M2.5 supports up to 1M output tokens. Output tokens are usually the expensive half of API pricing, so a higher max output cap is a capability, not a discount.

    Which model has better throughput, LongCat-Flash-Thinking or MiniMax M2.5?

    LongCat-Flash-Thinking runs at approximately 100 tokens/second while MiniMax M2.5 runs at 100 tokens/second. MiniMax M2.5 is faster in raw throughput. Throughput (tokens per second) and time-to-first-token are why two models with the same per-million-token price can still feel different in chat and agents.

    How do I switch the models in this LongCat-Flash-Thinking vs MiniMax M2.5 comparison?

    Use the model pickers at the top of this LLM comparison. Search any model in the index and the URL updates. Open LongCat-Flash-Thinking or MiniMax M2.5 from the sidebar for the single-model API pricing page, or go back to the LLM pricing table to sort by cheapest blended cost.

    LongCat-Flash-Thinking vs MiniMax M2.5 pricing

    This comparison covers API pricing, context window, throughput, and benchmark scores. LongCat-Flash-Thinking costs $0.30/M input and $1.20/M output. MiniMax M2.5 costs $0.30/M input and $1.20/M output.

    Rank both on the LLM leaderboard, SWE-bench, and Humanity's Last Exam.

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