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  3. MiniMax M2.5 vs Mistral: Mistral Small 3.1 24B

Pairwise benchmark snapshot · Aug 17, 2026noindex (thin pair)

MiniMax M2.5 vs Mistral: Mistral Small 3.1 24B benchmark

In this head-to-head showdown, Mistral: Mistral Small 3.1 24B is more budget-friendly at $0.555/1M per 1M output tokens. Review the complete breakdown below to determine which model best fits your performance and budget requirements.

Executive Comparison Verdict

Bottom Line: Choose MiniMax M2.5 if your priority is peak reasoning, complex code generation, and top preference Elo. Choose Mistral: Mistral Small 3.1 24B if you are optimizing for low latency, high throughput, and cost-efficient API deployment.
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Executive Verdict Summary

MiniMax M2.5 holds empirical advantage (2 of 3 metrics)

Coding / SWESWE-bench
MiniMax M2.5Top code solve rate
ReasoningGPQA / Live
MiniMax M2.5Top logical accuracy
Best Value$/1M Tok
Mistral: Mistral Small 3.1 24BLowest API billing cost
Speed / TokTok/Sec
MiniMax M2.5Fastest stream rate

Verified Advantage Breakdown

3 benchmarks evaluated across capability, speed, and cost

MiniMax M2.5 (2)Mistral: Mistral Small 3.1 24B (1)
MiniMax M2.5
2 of 3 Wins
✓Input price✓Context window
Mistral: Mistral Small 3.1 24B
1 of 3 Wins
✓Output price
MiniMax
Leads 2 of 3
MiniMax M2.5

MiniMax coding model. Tied near the top of official SWE-bench bash-only in Feb 2026.

Elo 1,478In: $0.22 · Out: $0.9/1M
Mistral
Leads 1 of 3
Mistral: Mistral Small 3.1 24B

Auto-discovered from OpenRouter (mistralai/mistral-small-3.1-24b-instruct). Preview until a second source matches.

In: $0.351 · Out: $0.555/1M
Top Rival Showdowns for MiniMax M2.5
All Matchups
Compare vs:vs Claude Opus 4.5vs GPT-5vs Gemini 3 Provs Grok 4.6vs DeepSeek V4 Pro
Preference Leader

No shared data

Single model data

Throughput Leader

No shared data

No latency data

Value per Dollar LeaderMistral: Mistral Small 3.1 24B Wins

Mistral: Mistral Small 3.1 24B

$0.5549999999999999 / 1M output

Capability Percentiles

Relative percentile scores computed across all active models in the benchmark catalog.

Multi-Dimensional Capability Radar

Leaders Matchup Capability Radar

Comparing top standard models across 6 key capability dimensions. Tap any spoke or dot to inspect.

Tap any node to inspect
0–100 %ile

Overall Matchup Breakdown

Category wins across reasoning intelligence, generation speed, and token cost.

MiniMax M2.5 (9)vsMistral: Mistral Small 3.1 24B (1)
MiniMax M2.5: 9W (90%)Overall: MiniMax M2.5Mistral: Mistral Small 3.1 24B: 1W (10%)
← MiniMax M2.5Mistral: Mistral Small 3.1 24B →
🏆MiniMax M2.5 Leads(5/5)

Intelligence & Reasoning

Preference Elo, Coding proficiency, SWE-bench & LiveBench accuracy

Benchmark
MiniMax M2.5vsMistral: Mistral Small 3.1 24B
Preference Elo
1,478vs—
Coding Elo
1,536vs—
SWE-bench
75.8%vs—
LiveBench
64.4%vs—
GPQA Diamond
76.2%vs—
MiniMax M2.5: 5WMistral: Mistral Small 3.1 24B: 0W
🏆MiniMax M2.5 Leads(2/2)

Speed & Latency

Generation throughput and time to first token responsiveness

Benchmark
MiniMax M2.5vsMistral: Mistral Small 3.1 24B
Output speed
90 tok/svs—
Time to first token
250 msvs—
MiniMax M2.5: 2WMistral: Mistral Small 3.1 24B: 0W
🏆MiniMax M2.5 Leads(2/3)

Pricing & Capacity

Cost per million tokens and max context window length

Benchmark
MiniMax M2.5vsMistral: Mistral Small 3.1 24B
Output price
$0.9/1Mvs$0.555/1M+$0.345/1M
Input price
$0.22/1Mvs$0.351/1M+$0.131/1M
Context window
205kvs128k+77k
MiniMax M2.5: 2WMistral: Mistral Small 3.1 24B: 1W

Side-by-Side Benchmark Matrix

MiniMax M2.5Mistral: Mistral Small 3.1 24B
Preference Elo
MiniMax M2.51,478
Mistral: Mistral Small 3.1 24B—
Coding Elo
MiniMax M2.51,536
Mistral: Mistral Small 3.1 24B—
LiveBench
MiniMax M2.564.4%
Mistral: Mistral Small 3.1 24B—
SWE-bench
MiniMax M2.575.8%
Mistral: Mistral Small 3.1 24B—
GPQA Diamond
MiniMax M2.576.2%
Mistral: Mistral Small 3.1 24B—
Time to first token
MiniMax M2.5250 ms
Mistral: Mistral Small 3.1 24B—
Output speed
MiniMax M2.590 tok/s
Mistral: Mistral Small 3.1 24B—
Input priceMiniMax M2.5 +$0.131/1M
MiniMax M2.5$0.22/1M
Mistral: Mistral Small 3.1 24B$0.351/1M
Output priceMistral: Mistral Small 3.1 24B +$0.345/1M
MiniMax M2.5$0.9/1M
Mistral: Mistral Small 3.1 24B$0.555/1M
Context windowMiniMax M2.5 +77k
MiniMax M2.5205k
Mistral: Mistral Small 3.1 24B128k
BenchmarkMiniMax M2.5Mistral: Mistral Small 3.1 24BAdvantage Delta
Preference Elo
1,478
lmarena · Aug 17, 2026
——
Coding Elo
1,536
lmarena · Aug 17, 2026
——
LiveBench
64.4%
livebench · Aug 17, 2026
——
SWE-bench
75.8%
swebench · Aug 17, 2026
——
GPQA Diamond
76.2%
seed-bootstrap · Aug 1, 2026
——
Time to first token
250 ms
seed-bootstrap · Aug 1, 2026
——
Output speed
90 tok/s
seed-bootstrap · Aug 1, 2026
——
Input price
$0.22/1M
openrouter · Aug 17, 2026
$0.351/1M
openrouter · Aug 17, 2026
+$0.131/1M
Output price
$0.9/1M
openrouter · Aug 17, 2026
$0.555/1M
openrouter · Aug 17, 2026
+$0.345/1M
Context window
205k
openrouter · Aug 17, 2026
128k
openrouter · Aug 17, 2026
+77k

Workload Cost & Savings Calculator

Simulate monthly production API costs in USD (US Dollar).

Save 3% with Mistral: Mistral Small 3.1 24B
Monthly Volume50M tokens/mo
Quick Presets:
Token Ratio (In vs Out)70% In / 30% Out
RAG / Search (10% out)Coding / Chat (50% out)
MiniMax M2.5$21.20 / mo
In: $7.7Out: $13.5
Mistral: Mistral Small 3.1 24B$20.61 / mo
In: $12.29Out: $8.33
Estimated Cost Delta

Mistral: Mistral Small 3.1 24B is estimated to save $0.59/month ($7/year).

Based on 50M tokens (30% gen)

Key Selection Recommendations

  • 1
    Mistral: Mistral Small 3.1 24B:Pick Mistral: Mistral Small 3.1 24B when you are optimizing output cost.

Recommended Workload Routing

Repo / coding agentsinsufficient data

Need SWE-bench on both sides.

High-volume chatMistral: Mistral Small 3.1 24B

Lower output list price ($0.555/1M).

Voice / low-latency UIinsufficient data

Need TTFT on both sides.

Long-document RAGMiniMax M2.5

Larger window (205k).

Screenshots / visionMistral: Mistral Small 3.1 24B

Mistral: Mistral Small 3.1 24B is the side marked multimodal in the catalog.

Target WorkloadRecommended PickEvaluation Rationale
Repo / coding agentsinsufficient dataNeed SWE-bench on both sides.
High-volume chatMistral: Mistral Small 3.1 24BLower output list price ($0.555/1M).
Voice / low-latency UIinsufficient dataNeed TTFT on both sides.
Long-document RAGMiniMax M2.5Larger window (205k).
Screenshots / visionMistral: Mistral Small 3.1 24BMistral: Mistral Small 3.1 24B is the side marked multimodal in the catalog.

Related Editorial Dispatches & Benchmark Notes

View all news
launchFeb 12, 2026

MiniMax M2.5: the Feb 2026 SWE-bench specialist still on the board

Tied near the top of official SWE-bench bash-only in Feb 2026. Coding lists should still see it.

Cast Your Matchup Vote

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Community Discussions (0)

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CompareLLM AI Matrix

Verified Head-to-Head Telemetry

LIVE BENCHMARK
VS
MiniMax

MiniMax M2.5

Elo 1,478
SWE-bench75.8%
Speed (tok/s)90 tok/s
Input / 1M Tokens$0.22/1M
Output / 1M Tokens$0.9/1M
Mistral

Mistral: Mistral Small 3.1 24B

Elo n/a
SWE-bench—
Speed (tok/s)128k
Input / 1M Tokens$0.351/1M
Output / 1M Tokens$0.555/1M

Frequently Asked Questions

Which is better overall, MiniMax M2.5 or Mistral: Mistral Small 3.1 24B?
We do not have preference Elo for both models, so we do not declare an overall winner. Compare the metrics that exist.
Which is better at coding, MiniMax M2.5 or Mistral: Mistral Small 3.1 24B?
SWE-bench is missing for at least one model, so we do not rank coding from a single number.
Which is cheaper to run in production?
Mistral: Mistral Small 3.1 24B output tokens are $0.555/1M versus $0.9/1M. Input prices and retry rates still move the real bill.
Which is faster, MiniMax M2.5 or Mistral: Mistral Small 3.1 24B?
We do not have TTFT for both models.
Which has the larger context window?
MiniMax M2.5 accepts 205k tokens versus 128k.
Can I self-host either model?
MiniMax M2.5 is marked open-weights in our catalog. The other side is a closed API. Check the provider license before you ship weights.
Are these scores from CompareLLM’s own evals?
No. V1 aggregates public leaderboards (and optional first-party latency pings). Each cell names its source and date. Read /methodology.
What does preference Elo mean on this page?
Preference Elo is a crowd vote from LMArena / Arena. People see two hidden answers and pick the one they like more. The model that wins more often gets a higher Elo. That means people preferred it — not that it passed a school test. It is not SWE-bench, not accuracy, and not a number we invent. MiniMax M2.5 and Mistral: Mistral Small 3.1 24B Elo cells are dated snapshots from the named source — we do not compute Arena ourselves.

Related news

  • launch · Feb 12, 2026

    MiniMax M2.5: the Feb 2026 SWE-bench specialist still on the board

Similar Head-to-Head Comparisons

All MiniMax M2.5 matchups →|All Mistral: Mistral Small 3.1 24B matchups →
Mistral Large 3 vs MiniMax M2.5Yi-Lightning vs MiniMax M2.5Doubao Pro 1.5 vs MiniMax M2.5Llama 4 Maverick vs MiniMax M2.5Gemini 2.0 Flash Thinking vs MiniMax M2.5DeepSeek V4 Flash vs MiniMax M2.5