LongCat-2.5 vs MiMo-V2.5
Meituan · China | Xiaomi · China · Updated June 2026
Quick verdict
Pick LongCat-2.5 for native multimodal upgrade to longcat-2.0 - 1.6t total parameters, about 48b active per token or limited-time api price of $0.30/$1.20 per million tokens (cached input $0.006). Pick MiMo-V2.5 for native omnimodal — strong image and video understanding or very low cost (~half the inference of the pro tier). Choose MiMo-V2.5 if you need self-hosting or data privacy; LongCat-2.5 if you want a managed API.
LongCat-2.5 (Meituan) and MiMo-V2.5 (Xiaomi) are two of the models people most often weigh against each other in 2026. LongCat-2.5 is meituan's November 2, 2026 natively multimodal successor to LongCat-2.0 - 1.6T parameters and 1M context at $0.30/$1.20, with open weights planned but undated. MiMo-V2.5 is xiaomi's cheap omnimodal model — Pro-level agentic perception across image and video at a fraction of the cost. They diverge most on price and open vs. closed weights — each quantified below from the models' real specs.
Key differences at a glance
- ▸Price: MiMo-V2.5 is about 2.1× cheaper on input ($0.14/$0.28 per 1M tokens vs $0.3/$1.2 per 1M tokens) — meaningful once you are processing millions of tokens a month.
- ▸Context window: both advertise 1M tokens (~1,500 pages). Tie on paper — test on your own long inputs, since usable recall varies by model.
- ▸Recency: LongCat-2.5 is the newer model by about 6 months (released November 2, 2026), usually meaning fresher training data and capabilities.
Side-by-side specs
| Spec | LongCat-2.5 | MiMo-V2.5 |
|---|---|---|
| Provider | Meituan (China) | Xiaomi (China) |
| Released | November 2, 2026 | April 22, 2026 |
| Context window | 1M tokens (~1,500 pages) | 1M (~1,500 pages) |
| Price (in/out) | $0.3/$1.2 per 1M tokens | $0.14/$0.28 per 1M tokens |
| Open weight? | No — API only | Yes — self-hostable |
| Modalities | text, image, code | text, image, audio, video, code |
| SWE-Bench Verified | Not published | Not published |
| MRCR v2 @ 1M | Not published | Not published |
Who wins what
Native multimodal upgrade to LongCat-2.0 - 1.6T total parameters, about 48B active per token
LongCat-2.5
Meituan's November 2, 2026 natively multimodal successor to LongCat-2.0 - 1.6T parameters and 1M context at $0.30/$1.20, with open weights planned but undated — and it is the newer of the two.
Limited-time API price of $0.30/$1.20 per million tokens (cached input $0.006)
LongCat-2.5
MiMo-V2.5 is comparatively weak here — limited Western tooling and support
Meituan-reported Terminal-Bench v2.1 of 88.4, up from 70.8 for LongCat-2.0
LongCat-2.5
LongCat-2.5 lists meituan-reported Terminal-Bench v2.1 of 88.4, up from 70.8 for LongCat-2.0 among its strengths; MiMo-V2.5 does not.
Native omnimodal — strong image and video understanding
MiMo-V2.5
Xiaomi's cheap omnimodal model — Pro-level agentic perception across image and video at a fraction of the cost — and it runs cheaper at $0.14/$0.28 per 1M tokens.
Very low cost (~half the inference of the Pro tier)
MiMo-V2.5
At $0.14/$0.28 per 1M tokens it undercuts LongCat-2.5 ($0.3/$1.2 per 1M tokens), and that gap compounds at volume.
Agent-framework integration
MiMo-V2.5
Xiaomi's cheap omnimodal model — Pro-level agentic perception across image and video at a fraction of the cost — and its weights are open while LongCat-2.5 is API-only.
Lowest cost at scale
MiMo-V2.5
At $0.14/$0.28 per 1M tokens, it is the cheaper of the two — the gap dominates the bill on high-volume workloads.
Which should you pick?
A cost-sensitive startup shipping high volume
→ MiMo-V2.5
At $0.14/$0.28 per 1M tokens it undercuts LongCat-2.5, and on millions of tokens that margin decides the monthly bill.
A team with data-privacy or self-hosting needs
→ MiMo-V2.5
Open weights let you run it on your own hardware; LongCat-2.5 is API-only.
Anyone whose priority is native multimodal upgrade to longcat-2.0 - 1.6t total parameters, about 48b active per token
→ LongCat-2.5
It is specifically built for that.
Anyone whose priority is native omnimodal — strong image and video understanding
→ MiMo-V2.5
That is its strongest area.
LongCat-2.5: where it fits
Meituan's November 2, 2026 natively multimodal successor to LongCat-2.0 - 1.6T parameters and 1M context at $0.30/$1.20, with open weights planned but undated. Released November 2, 2026 by Meituan, it is built for native multimodal upgrade to LongCat-2.0 - 1.6T total parameters, about 48B active per token, limited-time API price of $0.30/$1.20 per million tokens (cached input $0.006), meituan-reported Terminal-Bench v2.1 of 88.4, up from 70.8 for LongCat-2.0, and openAI- and Anthropic-compatible API endpoints with a 1M-token context window.
Its trade-offs are real: aPI-only for now - GitHub and Hugging Face releases are planned but undated, and the license is unconfirmed (LongCat-2.0 is MIT), the $0.30/$1.20 rate is labeled limited-time, and Meituan says prices are subject to change, and benchmarks are Meituan's own, and sources found no independent score at launch. At $0.3 in / $1.2 out per million tokens, it sits in the budget price band.
MiMo-V2.5: where it fits
Xiaomi's cheap omnimodal model — Pro-level agentic perception across image and video at a fraction of the cost. Released April 22, 2026 by Xiaomi, it is built for native omnimodal — strong image and video understanding, very low cost (~half the inference of the Pro tier), agent-framework integration, and 1M context for full documents in one pass.
Its trade-offs: not the deepest reasoning tier (see V2.5-Pro), and limited Western tooling and support. At $0.14 in / $0.28 out per million tokens, it sits in the budget price band.
The bottom line for this matchup
The defining split here is open vs. closed. MiMo-V2.5 gives you weights you control — self-host it, fine-tune it, keep data in-house, pay only for hardware. LongCat-2.5 gives you a managed, always-updated API with no infrastructure to run. Teams with GPUs, privacy requirements, or huge volume often favour the open model; teams that want zero ops and the latest capabilities favour the closed one. Capability is close enough that this operational question, not the benchmark, usually decides it.
Want both LongCat-2.5 and MiMo-V2.5 without two subscriptions? LumiChats gives you these plus 40+ models under one ₹69/day pass (about $1/day) — draft with one, cross-check with the other.
See pricingFrequently asked questions
Is LongCat-2.5 or MiMo-V2.5 better for coding?
Public SWE-Bench figures are not available for either model, so the honest test is your own repository — run an identical real bug through both. By design, LongCat-2.5 leans toward native multimodal upgrade to longcat-2.0 - 1.6t total parameters, about 48b active per token while MiMo-V2.5 leans toward native omnimodal — strong image and video understanding, and that positioning usually predicts which feels better on your codebase.
Which is cheaper, LongCat-2.5 or MiMo-V2.5?
MiMo-V2.5 is open-weight, so self-hosting means no per-token fee (you pay for hardware instead), while LongCat-2.5 is API-metered at $0.3/$1.2 per 1M tokens. For most teams without GPUs, the API model is cheaper to start; at very high volume, self-hosting can win.
Which has the bigger context window?
Both advertise 1M tokens (~1,500 pages). Remember advertised ≠ usable: recall typically degrades before the ceiling.
Can I use both LongCat-2.5 and MiMo-V2.5 together?
Yes — a multi-model platform like LumiChats gives you LongCat-2.5, MiMo-V2.5 and 40+ others under one ₹69/day pass (about $1/day), so you can draft with one and cross-check with the other instead of buying two subscriptions.
Which is newer, LongCat-2.5 or MiMo-V2.5?
LongCat-2.5 — released November 2, 2026, about 6 months after MiMo-V2.5.
Related comparisons
Specifications and benchmarks reflect publicly reported figures as of June 2026 and may change as providers release updates. Always verify on your own workload.