MiMo-V2.6-Flash from Xiaomi and MiniMax-M3.1-Flash from MiniMax land within 2.4 points of each other on the intelligence index. Throughput is the standout difference: 147 tokens per second for MiniMax-M3.1-Flash against 36 tokens per second for MiMo-V2.6-Flash. The figures come from tracked catalogue data, not from our own testing, so treat them as a starting point for a trial on your tasks.
Waiting time
MiMo-V2.6-Flash generates about 36 tokens per second and MiniMax-M3.1-Flash about 147 tokens per second. On long outputs, that is a real advantage for MiniMax-M3.1-Flash. Before any text appears, MiMo-V2.6-Flash takes 3.5 seconds and MiniMax-M3.1-Flash 1.0 seconds. MiMo-V2.6-Flash waits 3.5 times as long before its first token.
Add the two numbers up for a 600-token reply and MiniMax-M3.1-Flash finishes first: 20 seconds for MiMo-V2.6-Flash, 5.1 seconds for MiniMax-M3.1-Flash.
Which is newer
The release dates are September 21, 2026 for MiMo-V2.6-Flash and October 19, 2026 for MiniMax-M3.1-Flash, 28 days apart. That is close enough to count them as the same generation.
How the intelligence index compares
The catalogue puts MiMo-V2.6-Flash at 26.7 and MiniMax-M3.1-Flash at 29.1 on its intelligence index. It is a small margin for an index that averages many evaluations.
Across the 109 active models with an intelligence score in the catalogue, MiMo-V2.6-Flash ranks 64th and MiniMax-M3.1-Flash ranks 59th.
The catalogue does not yet split either model's score into coding and math indexes.
Price per token
MiMo-V2.6-Flash lists $0.14 per million input tokens and $0.28 per million output tokens; MiniMax-M3.1-Flash lists $0.15 and $0.60. For output tokens, MiniMax-M3.1-Flash is 2.1 times the price of MiMo-V2.6-Flash.
For a sample workload of 1 million input tokens and 200,000 output tokens, MiMo-V2.6-Flash would cost $0.20 and MiniMax-M3.1-Flash $0.27, a difference of $0.074. For a support assistant answering 10,000 conversations of 2,000 input and 500 output tokens each, MiMo-V2.6-Flash would come in 30% lower: $4.20 for MiMo-V2.6-Flash against $6.00 for MiniMax-M3.1-Flash.
Cost per point of intelligence
Dividing the blended price by the intelligence index gives a rough cost per point: $0.0066 for MiMo-V2.6-Flash and $0.0090 for MiniMax-M3.1-Flash, per million tokens. So MiniMax-M3.1-Flash buys its higher score at a premium, while MiMo-V2.6-Flash is the value pick, paying 27% less per point.

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