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MiniMax-M3

MiniMax · released Jun 1, 2026

FlagshipOpen weights

MiniMax's flagship pay-as-you-go model: natively multimodal with a 1M-token context, aimed at coding agents and long office or research workflows at a low per-token price.

Best for: Low-cost coding agents · Multimodal input · Long documents

Announcement
Intelligence Index
29.2
#26 of 38
Price per 1M tokens
$0.30 in $1.2 out
Blended $0.52 at 3:1
Context window
1M
Output speed
94 tokens/s
$0.51 measured cost per task

Capability profile

One 0–100 score per area, placing this model between the weakest and strongest tracked model across that area's benchmarks.

  • Overall40 · #27 of 38

    Based on 3 of 3 benchmarks

  • Coding23 · #27 of 39

    Based on 5 of 5 benchmarks

  • Agents & knowledge work36 · #29 of 40

    Based on 6 of 6 benchmarks

  • Reasoning & science34 · #27 of 39

    Based on 2 of 2 benchmarks

  • Knowledge & reliability65 · #19 of 39

    Based on 2 of 2 benchmarks

  • Vision59 · #20 of 31

    Based on 2 of 2 benchmarks

Benchmark results

All third-party results on record. Rank is among the tracked models that have been tested on that benchmark.

Overall

  • Artificial Analysis Intelligence Index29.2

    #26 of 38· Artificial Analysis

  • Vals Index36.5%

    #23 of 26· $3.08 per test· Vals AI

  • Arena · Text1440 ±4

    #26 of 33· 58,757 votes· Arena

Coding

  • Terminal-Bench 4.02.0%

    #26 of 38· Artificial Analysis

  • SciCode47.1%

    #28 of 38· Artificial Analysis

  • Arena · WebDev1482 ±6

    #26 of 34· 18,086 votes· Arena

  • Vibe Code Bench47.6%

    #23 of 26· Vals AI

  • Code Migration20.9%

    #22 of 26· Vals AI

Agents & knowledge work

  • GDPval-AA37.3

    #25 of 39· Artificial Analysis

  • Arena · Agent-6.9 ±0.9

    #25 of 29· Arena

  • Finance Agent v248.3%

    #23 of 26· Vals AI

  • Excel Modeling Benchmark47.8%

    #24 of 26· Vals AI

  • Legal Research Bench29.8%

    #23 of 26· Vals AI

  • Tax Agent Bench49.7%

    #23 of 26· Vals AI

Reasoning & science

  • Humanity's Last Exam39.0%

    #21 of 39· Artificial Analysis

  • CritPt3.7%

    #30 of 39· Artificial Analysis

  • ARC-AGI-2saturatingNot tested
  • ARC-AGI-3Not tested
  • GPQA Diamondsaturating92.9%

    #7 of 27· Artificial Analysis

Knowledge & reliability

  • AA-Omniscience1

    #20 of 39· Artificial Analysis

  • AA-LCR83.0%

    #9 of 39· Artificial Analysis

Vision

  • MMMU-Pro78.6%

    #13 of 27· Artificial Analysis

  • Arena · Vision1237 ±7

    #17 of 19· 18,308 votes· Arena

Reported by MiniMax

Numbers the lab published at launch, run on its own harness and settings. Useful context, but not independently verified and never used in the rankings on this site.

  • SWE-bench Pro · Claude Code scaffold59%
  • SWE-bench Verified · Claude Code scaffold80.5%
  • MCP Atlas74.2%

Specifications

Lab
MiniMax
Released
Jun 1, 2026
Availability
Generally available
Context window
1,000,000 tokens
Max output
—
Accepts
Text, Images, Video
Knowledge cutoff
Not published
Weights
Open
Licence
MiniMax Community License
Parameters
~428B total · ~23B active
Reasoning control
Thinking on, adaptive or off
API model ID
MiniMax-M3

Pricing

Input / 1M tokens
$0.30
Cached input / 1M
$0.06
Output / 1M tokens
$1.2
Blended (3:1)
$0.52
Measured cost / task
$0.51

Worth knowing

  • Weights are downloadable, but the community licence attaches conditions to commercial use.

Official sources

  • Announcement
  • Documentation
  • Weights

Closest alternatives

The models nearest to this one on overall score.

  • Hy3
    Intelligence Index
    25.3
    Price / 1M
    $0.23
    Compare the two
  • Gemini 3.5 Flash-Lite
    Intelligence Index
    22.2
    Price / 1M
    $0.85
    Compare the two
  • Gemini 3.1 Pro
    Intelligence Index
    29.7
    Price / 1M
    $4.5
    Compare the two
  • Nemotron 3 Ultra
    Intelligence Index
    22.9
    Price / 1M
    $1.07
    Compare the two

23 benchmarks tracked. See methodology and sources.

Model Index

An independent snapshot of frontier SI models and how they perform on third-party benchmarks.

Data as of Oct 8, 2026

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Sources

Benchmark results come from Artificial Analysis, Arena, Vals AI and ARC Prize. Specifications and prices come from each lab's own documentation.

Not affiliated with any lab or evaluator. Names and logos are trademarks of their respective owners and are used only to identify them. Scores change often — check the linked source before making a decision that depends on one.

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