Mac Studio M5 Ultra 512 GB

Apple's 2026 desktop workstation. The M5 generation adds Neural Accelerators to every GPU core, which lifts prefill throughput dramatically over M4 while decode stays governed by memory bandwidth. Its combination of very large unified memory and low idle power makes it the default choice for running large MoE models at home.

Applesystemannounced24 models fit0 measured
Memory
512 GB
Official spec LPDDR5X unified
Memory bandwidth
1,200 GB/s
Official spec ~88% achieved in practice
Specifications
CPU
Apple M5 Ultra, 36-core Official spec
GPU
80-core GPU with Neural Accelerators Official spec
Memory
512 GB LPDDR5X unified Official spec
Memory bandwidth
1,200 GB/s Official spec source
Achieved bandwidth
~88% (1,052 GB/s) Assumption
FP16 compute
~240 TFLOPS Estimated
Architecture
Unified memory (CPU and GPU share one pool) Official spec
Nominal power
310 W Official spec
Measured load power
225 W Measured
Idle power
14 W Measured
Released
25 Oct 2026 Official spec
The largest single-box memory pool available to a private buyer. Ships late October 2026, later than the rest of the line. Price ESTIMATED from the M3 Ultra 256 -> 512 GB step. Achieved-bandwidth coefficient INHERITED from mac-studio-m5-max-128gb, which shares the same silicon and software stack.
Model performance on Mac Studio M5 Ultra 512 GB0 measured, 24 estimated
24 of 24 rows
ModelQuantMemoryDecodePrefillContextFitConfidence
gpt-oss-20b
OpenAI · 20.915B (3.6B active)
MXFP413.0 GB~261–376 t/s~3340–6950 t/s128KComfortableEstimated
gpt-oss-120b
OpenAI · 116.829B (5.1B active)
MXFP466.5 GB~203–293 t/s~1190–2470 t/s128KComfortableEstimated
Qwen3-Coder 30B-A3B
Alibaba Qwen · 30.532B (3.3B active)
Q8_033.5 GB~167–240 t/s~2890–6010 t/s256KComfortableEstimated
Qwen3 30B-A3B
Alibaba Qwen · 30.532B (3.3B active)
Q8_033.5 GB~167–240 t/s~2890–6010 t/s40KComfortableEstimated
Gemma 4 26B-A4B
Google DeepMind · 25.806B (3.8B active)
Q8_029.7 GB~149–214 t/s~2930–6090 t/s256KComfortableEstimated
Qwen3.8 Flash Next
Alibaba Qwen · 180B (6B active)
Q8_0188.9 GB~101–145 t/s~883–1830 t/s256KComfortableEstimated
Qwen3 8B
Alibaba Qwen · 8.191B
Q8_010.6 GB~88.4–127 t/s~3540–7360 t/s40KComfortableEstimated
Qwen3.5 122B-A10B
Alibaba Qwen · 125.086B (10B active)
Q8_0131.8 GB~63.6–91.6 t/s~821–1700 t/s256KComfortableEstimated
Phi-4 14B
Microsoft · 14.66B
Q8_017.8 GB~51.9–74.6 t/s~1980–4110 t/s16KComfortableEstimated
DeepSeek-V4 Flash
DeepSeek · 304.18B (13B active)
Q8_0317.9 GB~49.8–71.7 t/s~462–959 t/s512KComfortableEstimated
MiniMax M3
MiniMax · 427.04B (23B active)
Q4_K_M257.7 GB~49.4–71.1 t/s~293–608 t/s1024KComfortableEstimated
GLM-5.3 Flash
Z.ai · 321.323B (18B active)
Q8_0335.4 GB~36.6–52.7 t/s~382–793 t/s1024KComfortableEstimated
DeepSeek-V3.2
DeepSeek · 685.397B (37B active)
MLX 4-bit386.2 GB~33.8–48.6 t/s~182–379 t/s64KFitsEstimated
Devstral Small 24B
Mistral AI · 23.572B
Q8_026.8 GB~33–47.5 t/s~1230–2560 t/s128KComfortableEstimated
Mistral Small 3.2 24B
Mistral AI · 24.011B
Q8_027.2 GB~32.5–46.7 t/s~1210–2510 t/s128KComfortableEstimated
Hunyuan Hy3
Tencent · 298.786B (21B active)
Q8_0314.1 GB~31.6–45.4 t/s~366–761 t/s256KComfortableEstimated
Qwen3 235B-A22B
Alibaba Qwen · 235.094B (22B active)
Q8_0246.9 GB~30.2–43.5 t/s~404–838 t/s256KComfortableEstimated
Gemma 3 27B
Google DeepMind · 27.432B
Q8_033.4 GB~28.6–41.1 t/s~1060–2200 t/s128KComfortableEstimated
Qwen3.8 27B
Alibaba Qwen · 27.781B
Q8_031.9 GB~28.2–40.6 t/s~1040–2170 t/s256KComfortableEstimated
Qwen3.6 27B
Alibaba Qwen · 27.781B
Q8_031.9 GB~28.2–40.6 t/s~1040–2170 t/s256KComfortableEstimated
Gemma 4 31B
Google DeepMind · 31.273B
Q8_041.0 GB~25.2–36.2 t/s~928–1930 t/s256KComfortableEstimated
Qwen3 32B
Alibaba Qwen · 32.762B
Q8_037.1 GB~24–34.6 t/s~886–1840 t/s40KComfortableEstimated
DeepSeek-R1-Distill 32B
DeepSeek · 32.764B
Q8_037.1 GB~24–34.6 t/s~886–1840 t/s128KComfortableEstimated
Llama 3.3 70B
Meta · 70.554B
Q8_076.8 GB~11.3–16.3 t/s~411–854 t/s128KComfortableEstimated
Rows in grey are estimates from our bandwidth model, not measurements — they are shown as a range and never as a precise figure. Use the “measured only” filter to see just the 0 pairings on this machine that a real benchmark backs.
Ownership economicsUnited States (federal) · C corporation · 8h/day
Monthly economic cost
$118
Calculated after tax
Codex/Claude Code
$100/mo
≈ $100/mo · local is $18 more
Net cash at purchase
$11,350
Calculated VAT not reclaimable
Total over 5 years
$7,102
Calculated after tax, after resale
Cost per USD/1M tokens
$2.93
Calculated 40.4M tokens/month

The $100 comparison uses the Codex Pro 5x / Claude Max 5x plans. A fixed planning conversion is used for USD. This compares monthly spend only: subscriptions have usage limits, local hardware has different capabilities and constraints, and taxes or regional pricing may change the charged amount. Prices checked 7 September 2026.

Monthly breakdown

Depreciation
7,945 over 5 years, straight-line to a 3,405 residual
$132.41
Electricity
9.9 kWh/month at 0.140/kWh
$1.38
Cost of capital
4.0%/yr on 7,377 average capital employed
$24.59
Monthly cost before tax$158.39
Electricity tax shield
Running costs are deductible business expenses
−$0.29
First-year expensing
§179 (100.0%)
−$39.72
Monthly economic cost after tax$118.37

Three different numbers, deliberately

Cash cost
$11,350
Money that leaves the bank account on day one, net of reclaimable VAT.
Accounting depreciation
$132.41/month
$7,945 written down over 5 years to a $3,405 residual.
After-tax economic cost
$118.37/month
Depreciation plus running costs plus cost of capital, less the tax those deductions save. This is the figure to compare between machines.
Assumptions and sources (verified 2026-09-07)
VAT rate
0% Official spec
VAT recoverable
0% Official spec
Federal C-corporation estimate at the flat 21% rate. Pass-through entities should use the sole-proprietor estimate as a rougher proxy.
Effective deduction rate
21.00% Calculated
Headline marginal rate 21.00%.
Depreciation
5 years, straight-line Assumption
Residual value
$3,405 (30%) Assumption
Extrapolated from the three-year curve.
Electricity
$0.140/kWh Assumption
Average power draw
56 W Calculated
Load 225 W for 20% of powered hours, idle 14 W for the rest — a machine that is on is not generating tokens the whole time.
Investment allowances
§179 100.0% Official spec
Worth $2,383 in total — first-year expensing that replaces later tax depreciation.
Cost of capital
$24.59/month Assumption
Assumes the machine generates tokens 20% of its 176 powered hours per month. Cost per token scales inversely with this number — halve the utilisation and the cost per token doubles.
Federal planning estimate only, not tax advice. State and local income tax, sales/use tax and incentives are excluded. It assumes 100% business use, a Section 179 election, enough business income to use it, and that the full annual limit remains available.