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Comparison · 3 models · Updated Nov 2, 2026

Hermes 4 405B vs Kimi K2 Instruct 0905 vs Qwen3 VL 235B A22B Thinking

Qwen3 VL 235B A22B Thinking comes out ahead, 44 to 38 and 35 on our weighted score, though Kimi K2 Instruct 0905 is 21% cheaper per token.

  1. Nous Research

    Hermes 4 405B

    Released Aug 26, 2025

    35/100
    • ECI—
    • Price$1.00 / $3.00
    • Context131K
  2. Moonshot AI

    Kimi K2 Instruct 0905

    Released Sep 5, 2025

    38/100
    • ECI—
    • Price$0.60 / $2.50
    • Context262K
  3. Our pick

    Alibaba (Qwen)

    Qwen3 VL 235B A22B Thinking

    Released Sep 23, 2025

    44/100
    • ECI—
    • Price$0.50 / $3.95
    • Context131K
01 — Verdict

Qwen3 VL 235B A22B Thinking is our pick

Qwen3 VL 235B A22B Thinking is the better all-round choice, scoring 44/100 against Kimi K2 Instruct 0905 (38) and Hermes 4 405B (35). It leads on inputs & features. Kimi K2 Instruct 0905 wins on price and context window. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

  • CapabilityNot enough dataNo independent benchmark covers every model here yet
  • Lowest priceKimi K2 Instruct 0905Kimi K2 Instruct 0905 $1.07 · Qwen3 VL 235B A22B Thinking $1.36 · Hermes 4 405B $1.50 per 1M tokens (3:1 blend)
  • Longest contextKimi K2 Instruct 0905Kimi K2 Instruct 0905 262,144 · Hermes 4 405B 131,072 · Qwen3 VL 235B A22B Thinking 131,072 tokens
  • Widest inputsQwen3 VL 235B A22B ThinkingHermes 4 405B: Text · Kimi K2 Instruct 0905: Text · Qwen3 VL 235B A22B Thinking: Text, Images
  • Self-hostingAll open weightsEvery model here can be downloaded and run on your own hardware
How the score is built
MeasureWeightHermes 4 405BKimi K2 Instruct 0905Qwen3 VL 235B A22B Thinking
Price50%404642
Inputs & features30%352560
Context window20%253725
Overall100%35/10038/10044/100

Left out because at least one model lacks the data: capability. The remaining weights were rescaled.

02 — Side by side

Every spec in one table

Highlighted cells lead their row. Dashes mean the data is not published.

Hermes 4 405B vs Kimi K2 Instruct 0905 vs Qwen3 VL 235B A22B Thinking specifications side by side
SpecificationHermes 4 405BNous ResearchKimi K2 Instruct 0905Moonshot AIQwen3 VL 235B A22B ThinkingAlibaba (Qwen)
Capability
Capabilities Index (ECI)———
ECI rank———
Price per million tokens
Input$1.00$0.60$0.50 (best)
Output$3.00$2.50 (best)$3.95
Cached input———
Blended (3:1)$1.50$1.07 (best)$1.36
Long-context rateSame rateSame rateSame rate
Price sourceMedian of 5 providersMedian of 12 providersMedian of 5 providers
Limits
Context window131,072 tokens262,144 tokens (best)131,072 tokens
Max output117,964 tokens (best)98,304 tokens32,768 tokens
Inputs and features
TextYesYesYes
ImagesNoNoYes
PDFsNoNoNo
AudioNoNoNo
VideoNoNoNo
ReasoningYesNoYes
Tool callingYesYesYes
Structured outputNoNoNo
Availability
WeightsOpenOpenModified MITOpen
API model ID———
API providers513 (best)5
ReleasedAug 26, 2025Sep 5, 2025Sep 23, 2025
Knowledge cutoffAug 31, 2024—Mar 31, 2025
03 — Cost

What would a month cost?

Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.

  • Hermes 4 405B$16.00
  • Kimi K2 Instruct 0905$11.00
  • Qwen3 VL 235B A22B Thinking$12.90
04 — Questions

Which should you choose?

Which is better: Hermes 4 405B, Kimi K2 Instruct 0905 or Qwen3 VL 235B A22B Thinking?

Qwen3 VL 235B A22B Thinking is the better all-round choice, scoring 44/100 against Kimi K2 Instruct 0905 (38) and Hermes 4 405B (35). It leads on inputs & features. Kimi K2 Instruct 0905 wins on price and context window. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

Which is cheaper, Hermes 4 405B, Kimi K2 Instruct 0905 or Qwen3 VL 235B A22B Thinking?

Kimi K2 Instruct 0905 is cheaper at $0.60 input / $2.50 output per million tokens (median across 12 API providers). Qwen3 VL 235B A22B Thinking costs $0.50 input / $3.95 output per million tokens (median across 5 API providers); Hermes 4 405B costs $1.00 input / $3.00 output per million tokens (median across 5 API providers). At a typical mix of three input tokens to one output token, that is $1.07 per million tokens for Kimi K2 Instruct 0905 versus $1.36 for Qwen3 VL 235B A22B Thinking (1.3× as much) and $1.50 for Hermes 4 405B (1.4× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers all three models yet. Hermes 4 405B has not been scored yet, Kimi K2 Instruct 0905 has not been scored yet and Qwen3 VL 235B A22B Thinking has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Hermes 4 405B, Kimi K2 Instruct 0905 and Qwen3 VL 235B A22B Thinking yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. All three support tool calling for agent workflows.

Which has the bigger context window?

Kimi K2 Instruct 0905 has the largest context window at 262,144 tokens, against 131,072 for Hermes 4 405B and 131,072 for Qwen3 VL 235B A22B Thinking. Maximum output per response: Hermes 4 405B up to 117,964, Kimi K2 Instruct 0905 up to 98,304, Qwen3 VL 235B A22B Thinking up to 32,768 tokens.

Which can read images, PDFs, audio or video?

Hermes 4 405B accepts text; Kimi K2 Instruct 0905 accepts text; Qwen3 VL 235B A22B Thinking accepts text and images. Qwen3 VL 235B A22B Thinking handles the widest range of inputs.

Are any of these open source?

Yes, all three publish their weights (Modified MIT), so you can self-host them.

Which is newer?

Qwen3 VL 235B A22B Thinking is the newest, released Sep 23, 2025. Kimi K2 Instruct 0905 came out Sep 5, 2025; Hermes 4 405B came out Aug 26, 2025. Knowledge cutoff: Hermes 4 405B Aug 31, 2024, Qwen3 VL 235B A22B Thinking Mar 31, 2025.

How do you decide the winner?

Each model gets a 0–100 score on capability (50%, independent benchmark results); price (25%, blended price per million tokens (3 input : 1 output), log scale); inputs & features (15%, image, PDF, audio and video input, tool calling, structured output and reasoning); context window (10%, maximum tokens per request, log scale). Dimensions missing for any model are dropped and the remaining weights rescaled, so every model is judged on the same evidence. Specs and prices come from public model listings and the labs’ own API pages; capability scores come from independent benchmark runs. Data updated Nov 2, 2026.