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GPT-5.1 Thinking vs Mercury 3

GPT-5.1 Thinking and Mercury 3 are closely matched at 36.4 and 36.1 on the LLM Stats Score. Mercury 3 is 21.2x cheaper per token.

OpenAI · Inception · Updated for 2026

Which is better?

GPT-5.1 Thinking and Mercury 3 are closely matched on the overall LLM Stats Score at 36.4 and 36.1.

In the 1 individual benchmarks reported for both models, Mercury 3 wins 1; this is a narrower head-to-head signal than the composite indexes.

On price, Mercury 3 is roughly 21.2x cheaper per token on a blended 3:1 input/output basis, which adds up quickly at production volume.

Mercury 3 also accepts a larger context window (1,000,000 input tokens), making it the stronger choice for long documents and large codebases.

Based on current LLM Stats indexes, shared benchmarks, pricing, and model metadata for 2026.

Choose GPT-5.1 Thinking

  • you want predictable pricing at $1.25/M input and $10.00/M output

Choose Mercury 3

  • you value its reported benchmark strengths — it wins 1 of 1 exact shared results
  • cost matters — it's about 21.2x cheaper per token
  • you process long inputs — it offers a 1,000,000 token context window
  • you want the most recent training data — it shipped Oct 2026

At a glance

The differences that matter most.

Core performance indexes
36.4
#94
36.1
#98
36.2
#92
34.8
#103
21.5
#104
21.5
#105
Cost, coverage & limits
Benchmark wins
0 of 1
1 of 1
Input price
$1.25 / M
$0.10 / M
Output price
$10.00 / M
$0.35 / M
Context window
400,000
1,000,000

Individual benchmarks

9 reported for GPT-5.1 Thinking · 12 for Mercury 3

1 shared

GPT-5.1 Thinking outperforms in 0 benchmarks, while Mercury 3 is better at 1 benchmark (GPQA).

Mercury 3 significantly outperforms across most benchmarks.

Fri Oct 23 2026 • llm-stats.com

Human preference

Blind head-to-head votes and playground preference scores

Pricing Analysis

Price comparison per million tokens

Mercury 3 costs less

For input processing, GPT-5.1 Thinking ($1.25/1M tokens) is 12.5x more expensive than Mercury 3 ($0.10/1M tokens).

For output processing, GPT-5.1 Thinking ($10.00/1M tokens) is 28.6x more expensive than Mercury 3 ($0.35/1M tokens).

In conclusion, GPT-5.1 Thinking is more expensive than Mercury 3.*

* Using a 3:1 ratio of input to output tokens

Lowest available price from all providers
Fri Oct 23 2026 • llm-stats.com
OpenAI
GPT-5.1 Thinking
Input tokens$1.25
Output tokens$10.00
Best providerOpenAI
Inception
Mercury 3
Input tokens$0.10
Output tokens$0.35
Best providerInception
Notice missing or incorrect data?

Context Window

Maximum input and output token capacity

Mercury 3 accepts 1,000,000 input tokens compared to GPT-5.1 Thinking's 400,000 tokens. Mercury 3 can generate longer responses up to 131,072 tokens, while GPT-5.1 Thinking is limited to 128,000 tokens.

OpenAI
GPT-5.1 Thinking
Input400,000 tokens
Output128,000 tokens
Inception
Mercury 3
Input1,000,000 tokens
Output131,072 tokens
Fri Oct 23 2026 • llm-stats.com

Input capabilities

Documented input modalities across available providers

GPT-5.1 Thinking supports multimodal inputs, whereas Mercury 3 does not.

GPT-5.1 Thinking can handle both text and other forms of data like images, making it suitable for multimodal applications.

GPT-5.1 Thinking

Text
Images
Audio
Video

Mercury 3

Text
Images
Audio
Video

License

Usage and distribution terms

Both models are licensed under proprietary licenses.

Both models have usage restrictions defined by their respective organizations.

GPT-5.1 Thinking

Proprietary

Closed source

Mercury 3

Proprietary

Closed source

Release Timeline

When each model was launched

GPT-5.1 Thinking was released on 2025-11-12, while Mercury 3 was released on 2026-10-19.

Mercury 3 is 11 months newer than GPT-5.1 Thinking.

GPT-5.1 Thinking

Nov 12, 2025

11 months ago

Mercury 3

Oct 19, 2026

1 days ago

11mo newer

Knowledge Cutoff

When training data ends

Neither model specifies a knowledge cutoff date.

Unable to compare the recency of their training data.

No cutoff dates available

Provider Availability

GPT-5.1 Thinking is available from OpenAI. Mercury 3 is available from Inception.

GPT-5.1 Thinking

openai logo
OpenAI
Input Price:Input: $1.25/1MOutput Price:Output: $10.00/1M

Mercury 3

inception logo
Inception
Input Price:Input: $0.10/1MOutput Price:Output: $0.35/1M
* Prices shown are per million tokens

Outputs Comparison

Notice missing or incorrect data?

Judge for yourself.

Run your own prompts against GPT-5.1 Thinking and Mercury 3 side-by-side, then vote on the output you prefer.

GPT-5.1 Thinking
✓ Preferred
Mercury 3
Open in Playground

FAQ

Common questions about GPT-5.1 Thinking vs Mercury 3.

Which is better, GPT-5.1 Thinking or Mercury 3?

GPT-5.1 Thinking and Mercury 3 are closely matched on the LLM Stats Score at 36.4 and 36.1. GPT-5.1 Thinking is made by OpenAI and Mercury 3 is made by Inception. The best choice depends on your use case — compare their capability indexes, individual benchmarks, pricing, and limits above.

How does GPT-5.1 Thinking compare to Mercury 3 in benchmarks?

GPT-5.1 Thinking scores Tau2 Telecom: 95.6%, AIME 2025: 94.0%, BrowseComp Long Context 128k: 90.0%, GPQA: 88.1%, MMMU: 85.4%. Mercury 3 scores GPQA: 89.2%, AA-LCR: 77.7%, IFBench: 76.8%, MRCR v2: 75.5%, DeepSearchQA: 71.3%.

Is GPT-5.1 Thinking cheaper than Mercury 3?

Mercury 3 is 12.5x cheaper for input tokens. GPT-5.1 Thinking costs $1.25/M input and $10.00/M output via openai. Mercury 3 costs $0.10/M input and $0.35/M output via inception.

What are the context window sizes for GPT-5.1 Thinking and Mercury 3?

GPT-5.1 Thinking supports 400K tokens and Mercury 3 supports 1.0M tokens. A larger context window lets you process longer documents, conversations, or codebases in a single request.

What are the main differences between GPT-5.1 Thinking and Mercury 3?

Key differences include LLM Stats Score (36.4 vs 36.1), context window (400K vs 1.0M), input pricing ($1.25 vs $0.10/M), multimodal support (yes vs no). See the full comparison above for benchmark-by-benchmark results.

Who makes GPT-5.1 Thinking and Mercury 3?

GPT-5.1 Thinking is developed by OpenAI and Mercury 3 is developed by Inception.