Mercury 2.5 vs Mercury 3

API pricing, benchmark indices and specs — updated 20 October 2026.

inception · A · API-only
Input / 1M
$0.04
Output / 1M
$0.15
AA index
12.3
proprietary · 260K context
inception · B · API-only
Input / 1M
$0.10
Output / 1M
$0.35
AA index
—
proprietary · 1M context

Specification comparison

Differences are highlighted; identical values are muted.

Specification Mercury 2.5 Mercury 3
Deployment API-only (closed weights) API-only (closed weights)
Parameters n/a — API-only n/a — API-only
Architecture n/a — API-only n/a — API-only
Context length 260,000 1,000,000
Licence Proprietary Proprietary
Commercial use Per API terms Per API terms
Languages n/a — API-only n/a — API-only
Downloads 30d n/a — API-only n/a — API-only
Downloads all time n/a — API-only n/a — API-only
Quantizations on the Hub n/a — API-only n/a — API-only
Gated n/a — API-only n/a — API-only
First seen on the Hub n/a — API-only n/a — API-only
API input price / 1M tokens $0.04 $0.10
API output price / 1M tokens $0.15 $0.35
Est. cost per 1M input + 1M output tokens $0.19 $0.45
Cached input / 1M tokens $0.004 $0.01
AA Intelligence Index 12.3 —
AA Coding Index — —
AA Agentic Index — —
Max output tokens 65,536 131,072
API providers 1 1
Tool calling Yes Yes
Reasoning mode Yes Yes

API cost

Estimated cost of 1M input + 1M output tokens via OpenRouter

Mercury 2.5 $0.19
Mercury 3 $0.45

Mercury 2.5 is 2.4× cheaper at list price.

Adjacent comparisons