Leica M Typ 262 vs Panasonic GM5

The Leica M (Typ 262) and the Panasonic Lumix DMC-GM5 are two digital cameras that were officially introduced, respectively, in November 2015 and September 2014. The M Typ 262 is a rangefinder-focusing mirrorless, while the GM5 is a mirrorless interchangeable lens camera. The cameras are based on a full frame (M Typ 262) and a Four Thirds (GM5) sensor. The Leica has a resolution of 23.7 megapixels, whereas the Panasonic provides 15.8 MP.

Below is an overview of the main specs of the two cameras as a starting point for the comparison.

Headline Specifications

Leica M Typ 262		Panasonic GM5
Rangefinder camera		Mirrorless system camera
Leica M mount lenses		Micro Four Thirds lenses
23.7 MP – Full Frame sensor		15.8 MP – Four Thirds sensor
no Video		1080/60p Video
ISO 200-6,400		ISO 200-25,600
Optical viewfinder		Electronic viewfinder (1166k dots)
3.0" LCD – 921k dots		3.0" LCD – 921k dots
Fixed screen (not touch-sensitive)		Fixed touchscreen
3 shutter flaps per second		5.8 shutter flaps per second
Weathersealed body		not weather sealed
400 shots per battery charge		220 shots per battery charge
139 x 80 x 42 mm, 680 g		99 x 60 x 36 mm, 211 g

Check M Typ 262 offers at
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Check GM5 offers at
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Going beyond this snapshot of core features and characteristics, what are the differences between the Leica M (Typ 262) and the Panasonic Lumix DMC-GM5? Which one should you buy? Read on to find out how these two cameras compare with respect to their body size, their imaging sensors, their shooting features, their input-output connections, and their reception by expert reviewers.

Body comparison

The side-by-side display below illustrates the physical size and weight of the Leica M Typ 262 and the Panasonic GM5. The two cameras are presented according to their relative size. Three consecutive views from the front, the top, and the rear side are shown. All size dimensions are rounded to the nearest millimeter.

Both cameras are available in two different colors (black, silver).

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Panasonic GM5 is considerably smaller (47 percent) than the Leica M Typ 262. Moreover, the GM5 is substantially lighter (69 percent) than the M Typ 262. It is worth mentioning in this context that the M Typ 262 is splash and dust resistant, while the GM5 does not feature any corresponding weather-sealing.

The above size and weight comparisons are to some extent incomplete since they do not consider the interchangeable lenses that both of these cameras require. A larger imaging sensor will tend to go along with bigger and heavier lenses, although exceptions exist. You can compare the optics available for the two cameras in the Leica M Lens Catalog (M Typ 262) and the Micro Four Thirds Lens Catalog (GM5).

Concerning battery life, the M Typ 262 gets 400 shots out of its Leica BP-SCL2 battery, while the GM5 can take 220 images on a single charge of its Panasonic DMW-BLH7 power pack.

The following table provides a synthesis of the main physical specifications of the two cameras and other similar ones. If you want to switch the focus of the display and review another camera pair, you can move across to the CAM-parator tool and choose from the broad selection of possible camera comparisons there.

Body Specifications

#		Camera Model	Camera Width	Camera Height	Camera Depth	Camera Weight	Battery Life	Weather Sealing	Camera Launch	Launch Price (USD)	Street Price
1.		Leica M Typ 262	139 mm	80 mm	42 mm	680 g	400	Y	Nov 2015	5,195	ebay.com
2.		Panasonic GM5	99 mm	60 mm	36 mm	211 g	220	n	Sep 2014	749	ebay.com
3.		Canon 1D X Mark II	158 mm	168 mm	83 mm	1530 g	1210	Y	Feb 2016	5,999	ebay.com
4.		Leica M10-R	139 mm	80 mm	39 mm	660 g	210	Y	Jul 2020	8,295	ebay.com
5.		Leica Q2	130 mm	80 mm	92 mm	718 g	370	Y	Mar 2019	4,995	amazon.com
6.		Leica M-E Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Jun 2019	3,999	ebay.com
7.		Leica M10-P	139 mm	80 mm	39 mm	660 g	210	Y	Aug 2018	7,995	ebay.com
8.		Leica M10	139 mm	80 mm	39 mm	660 g	210	Y	Jan 2017	6,595	ebay.com
9.		Leica Q Typ 116	130 mm	80 mm	93 mm	640 g	300	n	Jun 2015	4,249	ebay.com
10.		Leica SL	147 mm	104 mm	39 mm	847 g	400	Y	Oct 2015	7,450	ebay.com
11.		Leica M Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Sep 2012	6,950	ebay.com
12.		Nikon D750	141 mm	113 mm	78 mm	750 g	1230	Y	Sep 2014	2,299	ebay.com
13.		Panasonic G7	125 mm	86 mm	77 mm	410 g	350	n	May 2015	649	ebay.com
14.		Panasonic G6	122 mm	85 mm	71 mm	390 g	340	n	Apr 2013	599	ebay.com
15.		Panasonic GM1	99 mm	55 mm	30 mm	204 g	230	n	Oct 2013	749	ebay.com
16.		Panasonic GX1	116 mm	68 mm	39 mm	318 g	320	n	Nov 2011	699	ebay.com
17.		Panasonic GH2	124 mm	90 mm	76 mm	442 g	330	n	Sep 2010	899	ebay.com
Note: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.
Convert to Imperial

Any camera decision will naturally be influenced heavily by the price. The retail prices at the time of the camera’s release place the model in the market relative to other models in the producer’s line-up and the competition. The GM5 was launched at a markedly lower price (by 86 percent) than the M Typ 262, which puts it into a different market segment. Normally, street prices remain initially close to the MSRP, but after a couple of months, the first discounts appear. Later in the product cycle and, in particular, when the replacement model is about to appear, further discounting and stock clearance sales often push the camera price considerably down. Then, after the new model is out, very good deals can frequently be found on the pre-owned market.

Sensor comparison

The size of the imaging sensor is a crucial determinant of image quality. All other things equal, a large sensor will have larger individual pixel-units that offer better low-light sensitivity, wider dynamic range, and richer color-depth than smaller pixels in a sensor of the same technological generation. Moreover, a large sensor camera will give the photographer more control over depth-of-field in the image and, thus, the ability to better isolate a subject from the background. On the downside, larger sensors tend to be more expensive and lead to bigger and heavier cameras and lenses.

Of the two cameras under consideration, the Leica M Typ 262 features a full frame sensor and the Panasonic GM5 a Four Thirds sensor. The sensor area in the GM5 is 74 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 1.0 and 2.0. The sensor in the M Typ 262 has a native 3:2 aspect ratio, while the one in the GM5 offers a 4:3 aspect.

With 23.7MP, the M Typ 262 offers a higher resolution than the GM5 (15.8MP), but the M Typ 262 nevertheless has larger individual pixels (pixel pitch of 6.01μm versus 3.77μm for the GM5) due to its larger sensor. Moreover, the M Typ 262 is a somewhat more recent model (by 1 year and 2 months) than the GM5, and its sensor might have benefitted from technological advances during this time that further enhance the light gathering capacity of its pixels. Coming back to sensor resolution, it should be mentioned that the M Typ 262 has no anti-alias filter installed, so that it can capture all the detail its sensor resolves.

The resolution advantage of the Leica M Typ 262 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the M Typ 262 for good quality output (200 dots per inch) amounts to 29.8 x 19.9 inches or 75.6 x 50.5 cm, for very good quality (250 dpi) 23.8 x 15.9 inches or 60.5 x 40.4 cm, and for excellent quality (300 dpi) 19.8 x 13.3 inches or 50.4 x 33.7 cm. The corresponding values for the Panasonic GM5 are 23 x 17.2 inches or 58.3 x 43.8 cm for good quality, 18.4 x 13.8 inches or 46.7 x 35 cm for very good quality, and 15.3 x 11.5 inches or 38.9 x 29.2 cm for excellent quality prints.

The Leica M (Typ 262) has a native sensitivity range from ISO 200 to ISO 6400, which can be extended to ISO 100-6400. The corresponding ISO settings for the Panasonic Lumix DMC-GM5 are ISO 200 to ISO 25600, with the possibility to increase the ISO range to 100-25600.

Technology-wise, both cameras are equipped with CMOS (Complementary Metal–Oxide–Semiconductor) sensors. Both cameras use a Bayer filter for capturing RGB colors on a square grid of photosensors. This arrangement is found in most digital cameras.

Since 2007, DXO Mark has published sensor performance measurements that have been derived using a consistent methodology. This service determines an overall sensor rating, as well as sub-scores for low-light sensitivity ("DXO Sports"), dynamic range ("DXO Landscape"), and color depth ("DXO Portrait"). The table below summarizes the physical sensor characteristics and sensor quality findings and compares them across a set of similar cameras.

Sensor Characteristics

#		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Leica M Typ 262	Full Frame	23.7	5952	3976	none	24.8	13.7	2478	90
2.		Panasonic GM5	Four Thirds	15.8	4592	3448	1080/60p	22.1	11.7	721	66
3.		Canon 1D X Mark II	Full Frame	20.0	5472	3648	4K/60p	24.1	13.5	3207	88
4.		Leica M10-R	Full Frame	40.9	7864	5200	none	25.3	14.3	2924	95
5.		Leica Q2	Full Frame	46.7	8368	5584	4K/30p	26.4	13.5	2491	96
6.		Leica M-E Typ 240	Full Frame	23.7	5952	3976	1080/25p	25.2	14.2	2821	94
7.		Leica M10-P	Full Frame	23.8	5952	3992	none	25.1	14.1	2739	93
8.		Leica M10	Full Frame	23.8	5952	3992	none	24.4	13.2	2133	86
9.		Leica Q Typ 116	Full Frame	24.0	6000	4000	1080/60p	24.3	12.7	2221	85
10.		Leica SL	Full Frame	24.0	6000	4000	4K/30p	25.0	13.4	1821	88
11.		Leica M Typ 240	Full Frame	23.7	5952	3976	1080/25p	24.0	13.3	1860	84
12.		Nikon D750	Full Frame	24.2	6016	4016	1080/60p	24.8	14.5	2956	93
13.		Panasonic G7	Four Thirds	15.8	4592	3448	4K/30p	22.8	12.4	904	71
14.		Panasonic G6	Four Thirds	15.9	4608	3456	1080/60p	21.3	11.5	639	61
15.		Panasonic GM1	Four Thirds	15.8	4592	3448	1080/60i	22.3	11.7	660	66
16.		Panasonic GX1	Four Thirds	15.8	4592	3448	1080/60p	20.8	10.6	703	55
17.		Panasonic GH2	Four Thirds	15.9	4608	3456	1080/60i	21.2	11.3	655	60
Note: DXO values in italics represent estimates based on sensor size and age.

Many modern cameras are not only capable of taking still images, but also of capturing video footage. The GM5 indeed provides for movie recording, while the M Typ 262 does not. The highest resolution format that the GM5 can use is 1080/60p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a variety of features. For example, the GM5 has an electronic viewfinder (1166k dots), while the M Typ 262 has an optical one. Both systems have their advantages, with the electronic viewfinder making it possible to project supplementary shooting information into the framing view, whereas the optical viewfinder offers lag-free viewing and a very clear framing image. The viewfinders of both cameras offer the same field of view (100%), but the viewfinder of the M Typ 262 has a higher magnification than the one of the GM5 (0.68x vs 0.46x), so that the size of the image transmitted appears closer to the size seen with the naked human eye. The table below summarizes some of the other core capabilities of the Leica M Typ 262 and Panasonic GM5 in connection with corresponding information for a sample of similar cameras.

Core Features

#		Camera Model	Viewfinder (Type or 000 dots)	Control Panel (yes/no)	LCD Specifications (inch/000 dots)	LCD Attach- ment	Touch Screen (yes/no)	Max Shutter Speed *	Max Shutter Flaps *	Built-in Flash (yes/no)	Built-in Image Stab
1.		Leica M Typ 262	optical	n	3.0 / 921	fixed	n	1/4000s	3.0/s	n	n
2.		Panasonic GM5	1166	n	3.0 / 921	fixed	Y	1/500s	5.8/s	n	n
3.		Canon 1D X Mark II	optical	Y	3.2 / 1620	fixed	Y	1/8000s	16.0/s	n	n
4.		Leica M10-R	optical	n	3.0 / 1037	fixed	Y	1/4000s	4.5/s	n	n
5.		Leica Q2	3680	n	3.0 / 1040	fixed	Y	1/2000s	10.0/s	n	Y
6.		Leica M-E Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
7.		Leica M10-P	optical	n	3.0 / 1037	fixed	Y	1/4000s	5.0/s	n	n
8.		Leica M10	optical	n	3.0 / 1037	fixed	n	1/4000s	5.0/s	n	n
9.		Leica Q Typ 116	3680	n	3.0 / 1040	fixed	Y	1/2000s	10.0/s	n	Y
10.		Leica SL	4400	Y	3.0 / 1040	fixed	Y	1/8000s	11.0/s	n	n
11.		Leica M Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
12.		Nikon D750	optical	Y	3.2 / 1229	tilting	n	1/4000s	6.0/s	Y	n
13.		Panasonic G7	2360	n	3.0 / 1040	swivel	Y	1/4000s	7.0/s	Y	n
14.		Panasonic G6	1440	n	3.0 / 1036	swivel	Y	1/4000s	7.0/s	Y	n
15.		Panasonic GM1	none	n	3.0 / 1036	fixed	Y	1/500s	5.0/s	Y	n
16.		Panasonic GX1	optional	n	3.0 / 460	fixed	Y	1/4000s	4.2/s	Y	n
17.		Panasonic GH2	1534	n	3.0 / 460	swivel	n	1/4000s	3.0/s	Y	n
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One differentiating feature between the two cameras concerns the touch sensitivity of the rear screen. The GM5 has a touchscreen, while the M Typ 262 has a conventional panel. Touch control can be particularly helpful, for example, for setting the focus point.

The reported shutter speed information refers to the use of the mechanical shutter. Yet, some cameras only have an electronic shutter, while others have an electronic shutter in addition to a mechanical one. In fact, the GM5 is one of those camera that have an additional electronic shutter, which makes completely silent shooting possible. However, this mode is less suitable for photographing moving objects (risk of rolling shutter) or shooting under artificial light sources (risk of flickering).

The Panasonic GM5 has an intervalometer built-in. This enables the photographer to capture time lapse sequences, such as flower blooming, a sunset or moon rise, without purchasing an external camera trigger and related software.

Concerning the storage of imaging data, both the M Typ 262 and the GM5 write their files to SDXC cards. Both cameras can use UHS-I cards, which provide for Ultra High Speed data transfer of up to 104 MB/s.

Connectivity comparison

For some imaging applications, the extent to which a camera can communicate with its environment can be an important aspect in the camera decision process. The table below provides an overview of the connectivity of the Leica M (Typ 262) and Panasonic Lumix DMC-GM5 and, in particular, the interfaces the cameras (and selected comparators) provide for accessory control and data transfer.

Input-Output Connections

#		Camera Model	Hotshoe Port	Internal Mic / Speaker	Microphone Port	Headphone Port	HDMI Port	USB Port	WiFi Support	NFC Support	Bluetooth Support
1.		Leica M Typ 262	Y	- / -	-	-	-	2.0	-	-	-
2.		Panasonic GM5	Y	stereo / mono	-	-	micro	2.0	Y	-	-
3.		Canon 1D X Mark II	Y	mono / mono	Y	Y	mini	3.0	-	-	-
4.		Leica M10-R	Y	- / -	-	-	-	-	Y	-	-
5.		Leica Q2	Y	stereo / mono	-	-	-	-	Y	-	Y
6.		Leica M-E Typ 240	Y	mono / -	-	-	-	2.0	-	-	-
7.		Leica M10-P	Y	- / -	-	-	-	-	Y	-	-
8.		Leica M10	Y	- / -	-	-	-	-	Y	-	-
9.		Leica Q Typ 116	Y	stereo / mono	-	-	micro	2.0	Y	Y	-
10.		Leica SL	Y	stereo / mono	Y	Y	full	3.0	Y	-	-
11.		Leica M Typ 240	Y	stereo / mono	-	-	-	2.0	-	-	-
12.		Nikon D750	Y	stereo / mono	Y	Y	mini	2.0	Y	-	-
13.		Panasonic G7	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
14.		Panasonic G6	Y	stereo / mono	Y	-	mini	2.0	Y	Y	-
15.		Panasonic GM1	-	stereo / mono	-	-	micro	2.0	Y	-	-
16.		Panasonic GX1	Y	stereo / mono	-	-	mini	2.0	-	-	-
17.		Panasonic GH2	Y	stereo / mono	Y	-	mini	2.0	-	-	-

It is notable that the GM5 offers wifi support, which can be a very convenient means to transfer image data to an off-camera location. In contrast, the M Typ 262 does not provide wifi capability.

Both the M Typ 262 and the GM5 have been discontinued, but can regularly be found used on ebay. The M Typ 262 was replaced by the Leica M10, while the GM5 does not have a direct successor. Further information on the features and operation of the M Typ 262 and GM5 can be found, respectively, in the Leica M Typ 262 Manual (free pdf) or the online Panasonic GM5 Manual.

Review summary

So how do things add up? Is the Leica M Typ 262 better than the Panasonic GM5 or vice versa? Below is a summary of the relative strengths of each of the two contestants.

Advantages of the Leica M (Typ 262):

• More detail: Offers more megapixels (23.7 vs 15.8MP) with a 25% higher linear resolution.
• Maximized detail: Lacks an anti-alias filter to exploit the sensor's full resolution potential.
• Better image quality: Features a larger and more technologically advanced imaging sensor.
• Richer colors: The sensor size advantage translates into images with better, more accurate colors.
• More dynamic range: Larger sensor captures a wider spectrum of light and dark details.
• Better low-light sensitivity: Larger sensor produces good images even in poorly lit environments.
• Brighter framing: Features an optical viewfinder for clear, lag-free composition.
• Larger viewfinder image: Features a viewfinder with a higher magnification (0.68x vs 0.46x).
• Faster shutter: Has higher mechanical shutter speed (1/4000s vs 1/500s) to freeze action.
• Longer lasting: Can take more shots (400 versus 220) on a single battery charge.
• Better sealing: Is weather sealed to enable shooting in dusty or wet environments.
• More prestigious: Has the Leica luxury appeal, which ensures a high resale price.
• More modern: Is somewhat more recent (announced 1 year and 2 months after the GM5).

Reasons to prefer the Panasonic Lumix DMC-GM5:

• Better moiré control: Has an anti-alias filter to avoid artificial patterns to appear in images.
• Broader imaging potential: Can capture not only stills but also 1080/60p video.
• More framing info: Has an electronic viewfinder that displays shooting data.
• Fewer buttons to press: Has a touchscreen to facilitate handling and shooting adjustments.
• Faster burst: Shoots at higher frequency (5.8 vs 3 flaps/sec) to capture the decisive moment.
• Less disturbing: Has an electronic shutter option for completely silent shooting.
• Easier time-lapse photography: Has an intervalometer built-in for low frequency shooting.
• More compact: Is smaller (99x60mm vs 139x80mm) and will fit more readily into a bag.
• Less heavy: Has a lower weight (by 469g or 69 percent) and is thus easier to take along.
• Easier file upload: Has wifi built in for automatic backup or image transfer to the web.
• More affordable: Was introduced into a lower priced category (86 percent cheaper at launch).
• More heavily discounted: Has been on the market for longer (launched in September 2014).

If the count of relative strengths (bullet points above) is taken as a measure, the M Typ 262 comes out slightly ahead of the GM5 (13 : 12 points). However, the pertinence of the various camera strengths will differ across photographers, so that you might want to weigh individual camera traits according to their importance for your own imaging needs before making a camera decision. A professional wildlife photographer will view the differences between cameras in a way that diverges from the perspective of a family photog, and a person interested in architecture has distinct needs from a sports shooter. Hence, the decision which camera is best and worth buying is often a very personal one.

In any case, while the comparison of the spec-sheets of cameras can offer a general idea of their imaging potential, it remains partial and cannot reveal, for example, the shooting experience and imaging performance when actually working with the M Typ 262 or the GM5. User reviews that are available, for instance, at amazon can sometimes shed light on these issues, but such feedback is all too often partial, inconsistent, and inaccurate.

Expert reviews

This is why hands-on reviews by experts are important. The adjacent summary-table relays the overall verdicts of several of the most popular camera review sites (amateurphotographer [AP], cameralabs [CL], digitalcameraworld [DCW], dpreview [DPR], ephotozine [EPZ], photographyblog [PB]). As can be seen, the professional reviewers agree in many cases on the quality of different cameras, but sometimes their assessments diverge, reinforcing the earlier point that a camera decision is often a very personal choice.

Expert Camera Reviews

#		Camera   Model	AP   score	CL   score	DCW   score	DPR   score	EPZ   score	PB   score	Camera Launch	Launch Price (USD)	Street Price
1.		Leica M Typ 262	..	..	..	..	..	..	Nov 2015	5,195	ebay.com
2.		Panasonic GM5	3.5/5	+	..	77/100	5/5	4.5/5	Sep 2014	749	ebay.com
3.		Canon 1D X Mark II	..	..	4.5/5	89/100	4.5/5	4.5/5	Feb 2016	5,999	ebay.com
4.		Leica M10-R	4.5/5	..	4/5	..	..	4/5	Jul 2020	8,295	ebay.com
5.		Leica Q2	..	..	4.5/5	84/100	4.5/5	4/5	Mar 2019	4,995	amazon.com
6.		Leica M-E Typ 240	..	..	..	..	..	..	Jun 2019	3,999	ebay.com
7.		Leica M10-P	..	..	3/5	..	..	4/5	Aug 2018	7,995	ebay.com
8.		Leica M10	4.5/5	..	..	..	4/5	4.5/5	Jan 2017	6,595	ebay.com
9.		Leica Q Typ 116	5/5	..	..	80/100	4.5/5	4.5/5	Jun 2015	4,249	ebay.com
10.		Leica SL	4/5	..	4/5	84/100	4.5/5	4/5	Oct 2015	7,450	ebay.com
11.		Leica M Typ 240	4/5	..	..	..	4/5	..	Sep 2012	6,950	ebay.com
12.		Nikon D750	5/5	+ +	4/5	90/100	4.5/5	4.5/5	Sep 2014	2,299	ebay.com
13.		Panasonic G7	4/5	+ +	3.5/5	80/100	5/5	4.5/5	May 2015	649	ebay.com
14.		Panasonic G6	4/5	+ +	..	..	5/5	4.5/5	Apr 2013	599	ebay.com
15.		Panasonic GM1	3/5	+	..	78/100	5/5	4.5/5	Oct 2013	749	ebay.com
16.		Panasonic GX1	3/5	+	..	77/100	4.5/5	4.5/5	Nov 2011	699	ebay.com
17.		Panasonic GH2	5/5	+ +	..	79/100	4.5/5	5/5	Sep 2010	899	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

Care should be taken when interpreting the review scores above, though. The ratings are only valid when referring to cameras in the same category and of the same age. Hence, a score should always be seen in the context of the camera's market launch date and its price, and comparisons of ratings among very different cameras or across long time periods have little meaning. Also, kindly note that some of the listed sites have over time developped their review approaches and their reporting style.

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Other camera comparisons

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