Research

Best Open-Weight Time-Series Foundation Models 2026

Open-weight time-series model comparison for October 2026: TimesFM 3.0, TiRex-2, Toto 2.0, Chronos-2, Granite PatchTST-FM, Moirai 2.0. GIFT-Eval scores, licences, and hardware to run each.

By Ramanath, CTO & Co-Founder at Presenc AI · Last updated: October 2026

The best open-weight time-series foundation models in October 2026 are TimesFM 3.0 from Google, TiRex-2 from NXAI, Toto 2.0 from Datadog, and Chronos-2 from Amazon. TimesFM 3.0 has the best GIFT-Eval scores of the group, but its weights carry a non-commercial licence. For commercial work the choice is between TiRex-2, Toto 2.0 and Chronos-2, all Apache 2.0 and within two percent of each other on point accuracy. Chronos-2 is by far the most used: Hugging Face recorded about 22.7 million downloads in the 30 days to October 1, 2026.

A time-series foundation model is pretrained on many series and forecasts a new one without training on it. Lower scores are better in the table below. A score of 1.000 equals the Seasonal Naive baseline.

Open-Weight Time-Series Model Comparison

ModelDeveloperParametersLicenseReleasedGIFT-Eval MASE and CRPS (leaderboard result files)Hardware to run
TimesFM 3.0Google Research331MTimesFM Non-Commercial License v1.0August 20260.667 and 0.456Not stated on card
TiRex-2NXAI38.4M active, plus 44.1M in multivariate modeApache 2.0July 20260.697 and 0.478 for the zero-shot checkpointCPU or CUDA GPU
Granite PatchTST-FM r2IBM and Rensselaer Polytechnic Institute385MOpenMDW 1.0August 20260.685 and 0.467Not stated on card
Toto 2.0 2.5BDatadog2.5B (also 4M, 22M, 313M, 1B)Apache 2.0May 20260.696 and 0.4769.1 GB weights, about 36 ms per forecast on an A100
Chronos-2Amazon120MApache 2.0October 20250.698 and 0.485Over 300 series per second on one A10G. CPU supported
TimesFM 2.5Google Research200MApache 2.0September 20250.705 and 0.490Not stated on card
Toto 2.0 22mDatadog22MApache 2.0May 20260.719 and 0.49684 MB weights, about 5 ms on an A100
TiRexNXAI35MNXAI Community LicenseMay 20250.716 and 0.488CUDA GPU, CPU fallback
Moirai 2.0 smallSalesforce11.4MCC BY-NC 4.0August 20250.728 and 0.516Not stated on card
Sundial baseTsinghua University128MApache 2.0May 20250.750 and 0.559Not stated on card

The older generation has been left behind. Lag-Llama scores 1.228 on MASE in the same files, worse than Seasonal Naive, and the leaderboard flags it for test data leakage.

GIFT-Eval is run by Salesforce AI Research and covers 97 task configurations. The scores above are aggregated from the leaderboard's published per-task result files, normalised against Seasonal Naive. Amazon's Chronos-2 paper reports a second benchmark, fev-bench, where Chronos-2 had a skill score of 47.3 percent against 42.6 for TiRex and 42.3 for TimesFM 2.5. That paper is from October 2025 and predates the 2026 releases.

Which to Pick for Which Job

JobPickReason
Commercial forecasting with covariatesChronos-2 or TiRex-2Both take past and known future covariates and are Apache 2.0
Research where licence does not matterTimesFM 3.0Best MASE and CRPS in this table
Observability and infrastructure metricsToto 2.0Trained by Datadog on observability data, and tops Datadog's BOOM benchmark
CPU or edge devicesToto 2.0 4m or TiRex-2Toto 4m is a 16 MB file. TiRex-2 activates 38.4M parameters
Streaming dataTiRex-2Recurrent xLSTM design with constant cost per new observation, per NXAI
Largest user base and toolingChronos-2Most downloaded time-series model on Hugging Face

Licences: Open Weight Is Not Always Open Source

Permissive. Chronos-2, Toto 2.0, TiRex-2, TimesFM 2.5 and Sundial are Apache 2.0.

Restricted. The first TiRex uses the NXAI Community License, which adds commercial terms. TiRex-2 moved to Apache 2.0, with a paid Pro version for optimised streaming and fine-tuning. Granite PatchTST-FM r2 uses OpenMDW 1.0, a newer model licence, so read it before use.

Non-commercial. TimesFM 3.0 is under Google's TimesFM Non-Commercial License, a change from the Apache 2.0 terms of TimesFM 2.5. Moirai 2.0 is CC BY-NC 4.0, and Salesforce states the release is for research only.

The practical result is that the top-scoring model here cannot be used in a product. See the open-weight licence landscape for how these licences compare.

Caveats

  • Training data overlap. Some models were pretrained on data that overlaps with the benchmark. The leaderboard labels each entry as zero-shot or pretrained and flags leakage. NXAI publishes separate decontaminated TiRex-2 checkpoints for this reason. The TiRex-2 row above is the zero-shot one. The variant trained with the GIFT-Eval pretraining set scores 0.678 and 0.467.
  • Single models are not at the top of the board. A September 14, 2026 snapshot in the TW3Cast paper shows the first five places held by agent systems and routers that combine several models. The best single foundation model in that snapshot was a fine-tuned Toto 2.0 at position 23 of 130.
  • The gaps are small. Eight models in the table sit between 0.667 and 0.719 on MASE. Results on your own data can reorder them.
  • Baselines still matter. Test against a seasonal naive or statistical forecast before adopting any of these.

Brand Visibility Implications

Forecasting models run inside planning tools, monitoring products and data platforms. Their outputs are numbers in a dashboard, and no outside party can observe which model produced them. The visibility question is about selection. Data teams now ask an assistant which forecasting model to use, and the answer decides what gets tested. Developers of these models, and vendors that package them, have a stake in whether assistants describe the 2026 releases and their licences accurately. The same applies to the rest of this series, such as open-weight embedding models.

Methodology

This page is compiled from published sources, not from Presenc AI measurements. Parameter counts, licences and repository dates come from each model's Hugging Face card and the Hugging Face model API, read on October 1, 2026. Where a developer gives no release date, the month shown is the month the repository was created. Scores are quoted from the party that ran them and are labelled as such: developer model cards and papers, the GIFT-Eval leaderboard result files, the ViDoRe leaderboard as quoted on model cards, the openpi and Isaac GR00T repositories, and independent studies such as the Domyn guard model benchmark. Developer-reported scores use each developer's own test setup and are not directly comparable across rows. "Not reported" means we found no published score on that benchmark. Rankings in these categories change monthly. Status as of October 1, 2026.

How Presenc AI Helps

Presenc AI tracks which models, libraries and vendors AI assistants recommend when users ask for a forecasting or time-series tool. Teams that build or sell these tools can see whether they are named and what the answers say about them.

Frequently Asked Questions

TimesFM 3.0 from Google has the best GIFT-Eval scores among the models we compared (MASE 0.667, CRPS 0.456), but it is licensed for non-commercial use only. For commercial use, TiRex-2, Toto 2.0 and Chronos-2 are all Apache 2.0 and score between 0.696 and 0.698 on MASE.
Yes. GIFT-Eval, run by Salesforce AI Research, is the most used. It scores models on 97 task configurations with MASE for point accuracy and CRPS for probabilistic accuracy, both relative to a Seasonal Naive baseline. The fev-bench suite used in Amazon's Chronos-2 paper and Datadog's BOOM are the other benchmarks cited in recent papers.
Chronos-2, Toto 2.0, TiRex-2, TimesFM 2.5 and Sundial are Apache 2.0, so yes. TimesFM 3.0 and Moirai 2.0 are non-commercial. The first TiRex uses a community licence with commercial terms, and Granite PatchTST-FM r2 uses OpenMDW 1.0.
The small ones can. Datadog recommends its 4M-parameter Toto 2.0 model, a 16 MB file, for edge and CPU deployment. TiRex-2 and Chronos-2 both support CPU inference. Chronos-2 reaches over 300 forecasts per second on a single A10G GPU according to Amazon.

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