LongCat-2.5 vs MiMo-V2.6-Flash

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-V2.6-Flash for same natively omnimodal design as pro (text, image, video, audio) at a fraction of the size and price or 309b total parameters, 15b active per token (sparse moe) — a hybrid attention mechanism for efficiency. Choose MiMo-V2.6-Flash if you need self-hosting or data privacy; LongCat-2.5 if you want a managed API.

LongCat-2.5 (Meituan) and MiMo-V2.6-Flash (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-V2.6-Flash is xiaomi's efficient omnimodal MoE model — 309B parameters, 15B active, MIT-licensed, priced at $0.14/$0.28 per million tokens. They diverge most on price, context window and open vs. closed weights — each quantified below from the models' real specs.

Key differences at a glance

Side-by-side specs

SpecLongCat-2.5MiMo-V2.6-Flash
ProviderMeituan (China) Xiaomi (China)
ReleasedNovember 2, 2026 September 21, 2026
Context window1M tokens (~1,500 pages) 1M tokens (~1,573 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
Modalitiestext, image, code text, image, video, audio
SWE-Bench VerifiedNot published Not published
MRCR v2 @ 1MNot 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

LongCat-2.5 lists limited-time API price of $0.30/$1.20 per million tokens (cached input $0.006) among its strengths; MiMo-V2.6-Flash does not.

Meituan-reported Terminal-Bench v2.1 of 88.4, up from 70.8 for LongCat-2.0

LongCat-2.5

MiMo-V2.6-Flash is comparatively weak here — same caveat as Pro: benchmark claims are largely self-reported by Xiaomi at launch, not yet independently verified at scale

Same natively omnimodal design as Pro (text, image, video, audio) at a fraction of the size and price

MiMo-V2.6-Flash

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.

309B total parameters, 15B active per token (sparse MoE) — a hybrid attention mechanism for efficiency

MiMo-V2.6-Flash

Xiaomi's efficient omnimodal MoE model — 309B parameters, 15B active, MIT-licensed, priced at $0.14/$0.28 per million tokens — and it runs cheaper at $0.14/$0.28 per 1M tokens.

MIT-licensed, self-hostable, and among the cheapest omnimodal options at $0.14/$0.28 per million tokens

MiMo-V2.6-Flash

Open weights make this possible at all — LongCat-2.5 is API-only, so it cannot leave the vendor's servers.

Lowest cost at scale

MiMo-V2.6-Flash

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-V2.6-Flash

At $0.14/$0.28 per 1M tokens it undercuts LongCat-2.5, and on millions of tokens that margin decides the monthly bill.

Someone analysing very long documents or codebases

→ MiMo-V2.6-Flash

Larger 1M tokens window fits more in one prompt.

A team with data-privacy or self-hosting needs

→ MiMo-V2.6-Flash

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 same natively omnimodal design as pro (text, image, video, audio) at a fraction of the size and price

→ MiMo-V2.6-Flash

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-V2.6-Flash: where it fits

Xiaomi's efficient omnimodal MoE model — 309B parameters, 15B active, MIT-licensed, priced at $0.14/$0.28 per million tokens. Released September 21, 2026 by Xiaomi, it is built for same natively omnimodal design as Pro (text, image, video, audio) at a fraction of the size and price, 309B total parameters, 15B active per token (sparse MoE) — a hybrid attention mechanism for efficiency, and mIT-licensed, self-hostable, and among the cheapest omnimodal options at $0.14/$0.28 per million tokens.

Its trade-offs: lower capacity than Pro — expect a real quality gap on the hardest reasoning and generation tasks, and same caveat as Pro: benchmark claims are largely self-reported by Xiaomi at launch, not yet independently verified at scale. 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-V2.6-Flash 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-V2.6-Flash 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 pricing

Frequently asked questions

Is LongCat-2.5 or MiMo-V2.6-Flash 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-V2.6-Flash leans toward same natively omnimodal design as pro (text, image, video, audio) at a fraction of the size and price, and that positioning usually predicts which feels better on your codebase.

Which is cheaper, LongCat-2.5 or MiMo-V2.6-Flash?

MiMo-V2.6-Flash 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?

Effectively neither — 1M tokens vs 1M tokens is a difference of a few percent. Remember advertised ≠ usable: recall typically degrades before the ceiling.

Can I use both LongCat-2.5 and MiMo-V2.6-Flash together?

Yes — a multi-model platform like LumiChats gives you LongCat-2.5, MiMo-V2.6-Flash 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-V2.6-Flash?

LongCat-2.5 — released November 2, 2026, about 42 days after MiMo-V2.6-Flash.

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.