The variations of plasma sheet proton properties during magnetospheric substorms at Earth and Mercury are comparatively studied. This study utilizes kappa distributions to interpret proton properties at both planets. Proton number densities are found to be around an order of magnitude higher, temperatures several times smaller, and κ values broader at Mercury than at Earth. Protons become denser and cooler during the growth phase, and are depleted and heated after the dipolarizations in both magnetospheres. The changes of κ at Earth are generally small (60%), indicating the importance of spectrum‐altering processes there, such as acceleration due to nonadiabatic cross‐tail particle motions and wave‐particle interactions. This comparative st...