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Mercury 2 vs Mercury 2.5 Preview

Mercury 2

Inception

61#210
vs
Mercury 2.5 Preview

Inception

61#208
Signal-by-Signal Comparison
SignalMercury 2DeltaMercury 2.5 Preview
Capabilities
67
--
67
Benchmarks
60
--
60
Pricing
99
-1
100
Context window size
81
-5
86
Recency
100
0
100
Output Capacity
75
-2
77
Overall Result
0 wins
of 6
4 wins
Mercury 2.5 Preview wins 4 of 6 signals

Score History

Score History (29 data points)
Mercury 2Mercury 2.5 Preview
Mercury 2

60.9

current score

Leader

Mercury 2.5 Preview

right now

Mercury 2.5 Preview

61.2

current score

LMMarketCap.com
Interactive Price Comparison
100Kcalls/month
1,000tokens (~1,333 chars)
500tokens (~667 chars)

Mercury 2

Inception

Per request$0.000625
Daily$2.08
Monthly$62.50
Annual$750.00

Mercury 2.5 Preview

Inception

Best Value
Per request$0.000115
Daily$0.38
Monthly$11.50
Annual$138.00

Mercury 2.5 Preview saves you $51.00/month

That's $612.00/year compared to Mercury 2 at your current usage level of 100K calls/month.

82% cheaper
Choose Mercury 2.5 Preview for cost optimization

Mercury 2 pricing:
Input:$0.25/M tokens
Output:$0.75/M tokens
Mercury 2.5 Preview pricing:
Input:$0.04/M tokens
Output:$0.15/M tokens
Mercury 2

Inception

61

Composite Score

Winner
Mercury 2.5 Preview

Inception

61

Composite Score

Signal-by-Signal Comparison
MetricMercury 2Mercury 2.5 PreviewWinner
Overall Score
61
61
Mercury 2.5 Preview
Rank#210#208
Mercury 2.5 Preview
Quality Rank#210#208
Mercury 2.5 Preview
Adoption Rank#210#208
Mercury 2.5 Preview
Parameters------
Context Window128K260K
Mercury 2.5 Preview
Pricing$0.25/$0.75/M$0.04/$0.15/M--
Signal Scores
Capabilities
67
67
Mercury 2
Benchmarks
60
60
Mercury 2
Pricing
99
100
Mercury 2.5 Preview
Context window size
81
86
Mercury 2.5 Preview
Recency
100
100
Mercury 2.5 Preview
Output Capacity
75
77
Mercury 2.5 Preview
Benchmark Head-to-Head(1 benchmarks)
Mercury 2: 01 tiesMercury 2.5: 0
Mercury 2
Mercury 2.5
Normalized 0-100%
Arena Elo
13461346
Benchmark Interpretation

Our score (0-100) is driven by benchmark performance (90%) from Arena Elo ratings, MMLU, GPQA, HumanEval, SWE-bench, and 15+ standardized evaluations. Capabilities and context window serve as tiebreakers (10%). Learn more about our methodology.

Mercury 2Competitive

Scores 61/100 (rank #210), placing it in the top 28% of all 290 models tracked.

Raw Quality0/100
Cost Efficiency0/100
Speed0/100
Mercury 2.5 PreviewCompetitive

Scores 61/100 (rank #208), placing it in the top 29% of all 290 models tracked.

Raw Quality0/100
Cost Efficiency0/100
Speed0/100

With only a 0-point gap, these models are in the same performance tier. The practical difference in output quality is minimal - your choice should depend on pricing, latency requirements, and specific feature needs.

When to Use Each Model

Choose Mercury 2 when you need:

  • Step-by-step reasoning and chain-of-thought problem solving

Choose Mercury 2.5 Preview when you need:

  • High-volume production workloads where API costs must be minimized
  • Processing long documents or large codebases (260K token context)
  • Step-by-step reasoning and chain-of-thought problem solving
Cost-Performance Analysis
Mercury 2
Input cost$0.25/M tokens
Output cost$0.75/M tokens
Cost per quality point$0.016
Est. monthly (1M tokens/day)$15.00
Mercury 2.5 PreviewBest Value
Input cost$0.04/M tokens
Output cost$0.15/M tokens
Cost per quality point$0.003
Est. monthly (1M tokens/day)$2.85

Mercury 2.5 Preview offers 81% better value per quality point. At 1M tokens/day, you'd spend $2.85/month with Mercury 2.5 Preview vs $15.00/month with Mercury 2 - a $12.15 monthly difference.

Latency & Speed
Mercury 2Faster
Speed score0/100
Mercury 2.5 Preview
Speed score0/100

Both models have comparable response speeds. For most applications, the latency difference is negligible.

When latency matters most: Interactive chatbots, IDE code completion, real-time translation, and user-facing applications where response time directly impacts experience. For batch processing, background summarization, or offline analysis, latency is less critical.

Example Use Cases

Code generation & review

Based on overall model capabilities and architecture for coding tasks like generating functions, debugging, and refactoring

Mercury 2

Customer support chatbot

Suitable for user-facing chat with competitive response times. Mercury 2.5 Preview also offers lower per-token costs for high-volume support

Mercury 2

Long document analysis

Larger context window (260K tokens) can process longer documents, contracts, and research papers in a single pass

Mercury 2.5 Preview

Batch data extraction

Lower output pricing ($0.15/M) reduces costs when processing thousands of records daily

Mercury 2.5 Preview

Creative writing & content

Higher overall composite score (61/100) correlates with better nuance, coherence, and style in long-form content

Mercury 2.5 Preview
Which Should You Choose?
Our recommendation:
Mercury 2.5 Preview

Mercury 2 and Mercury 2.5 Preview are extremely close in overall performance (only 0.30000000000000426 points apart). Your best choice depends entirely on which specific strengths matter most for your use case.

by Inception

  • Choose for Quality - Marginally better benchmark scores; both are excellent
  • Choose for Reliability - Higher uptime and faster response speeds
  • Choose for Prototyping - Stronger community support and better developer experience
  • Choose for Production - Wider enterprise adoption and proven at scale

by Inception

  • Choose for Cost - 81% lower pricing; better value at scale
Capability Comparison
CapabilityMercury 2Mercury 2.5 Preview
Vision (Image Input)
Function Calling
Streaming
JSON Mode
Reasoning
Web Search
Image Output
Monthly Cost Calculator
1,000tokens (600 in / 400 out)
100requests/day (3,000/month)

Mercury 2

Inception

$1.35
estimated monthly cost

Mercury 2.5 Preview

Inception

Best Value
$0.2520
estimated monthly cost

Mercury 2.5 Preview saves you $1.10/month

That's 81% cheaper than Mercury 2 at 1,000 tokens/request and 100 requests/day.

Assumes 60% input / 40% output token ratio per request. Actual costs may vary based on your usage pattern.

Parameters & Context
ParameterMercury 2Mercury 2.5 Preview
Context Window128K260K
Max Output Tokens50,00065,536
Open SourceNoNo
CreatedMar 4, 2026Aug 31, 2026
Last updated: 6m ago

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Mercury 2 vs Mercury 2.5 Preview (2026) | LM Market Cap