Mercury 2 vs Mercury 2.5

Lower and Larger mark one number at a time; they don’t rank the models. How well a model does depends on your task; see Benchmarks for measured results.

DetailMercury 2inception/mercury-2Mercury 2.5inception/mercury-2.5
Makerinceptioninception
KindChatChat
Input per 1M tokens$0.2625$0.042 Lower
Cached input per 1M tokens$0.02625$0.0042
Cache write per 1M tokensSame as inputSame as input
Output per 1M tokens$0.7875$0.1575 Lower
Context window128,000 tokens260,000 tokens Larger
Max output128,000 tokens Larger65,536 tokens
CapabilitiesReasoning, tool useReasoning, tool use
TakesTextText
ReturnsTextText
Zero data retentionNot on every providerNot on every provider
No training on requestsYes, on every providerYes, on every provider
Released2026-02-242026-09-08

Example costs

Example requests, priced at today’s rates with no cached input.

Example requestMercury 2Mercury 2.5
1,000 tokens in, 200 out$0.00042$0.000074
10,000 tokens in, 1,000 out$0.003413$0.000578
100,000 tokens in, 4,000 out$0.0294$0.00483