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Comparison · 2 models · Updated Oct 4, 2026

o4-mini vs Kimi K2 Thinking

Too close to call on our weighted score (o4-mini 59, Kimi K2 Thinking 58). The right pick depends on what you value most.

  1. OpenAI

    o4-mini

    Released Apr 16, 2025Deprecated

    59/100
    • ECI145.6
    • Price$1.10 / $4.40
    • Context200K
  2. Moonshot AI

    Kimi K2 Thinking

    Released Nov 6, 2025

    58/100
    • ECI146.0
    • Price$0.60 / $2.50
    • Context262K
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01 — Verdict

Too close to call

It is close. Our weighted score puts them within 2 points (o4-mini 59/100, Kimi K2 Thinking 58/100), so choose by what matters most for your work: Kimi K2 Thinking for raw capability. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

  • CapabilityKimi K2 ThinkingCapabilities Index (ECI): Kimi K2 Thinking 146.0 · o4-mini 145.6
  • Lowest priceKimi K2 ThinkingKimi K2 Thinking $1.07 · o4-mini $1.93 per 1M tokens (3:1 blend)
  • Longest contextKimi K2 ThinkingKimi K2 Thinking 262,144 · o4-mini 200,000 tokens
  • Widest inputso4-minio4-mini: Text, Images · Kimi K2 Thinking: Text
  • Self-hostingKimi K2 ThinkingPublishes downloadable weights
How the score is built
MeasureWeighto4-miniKimi K2 Thinking
CapabilityCapabilities Index (ECI)50%7373
Price25%3648
Inputs & features15%7035
Context window10%3237
Overall100%59/10058/100
02 — Side by side

Every spec in one table

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

o4-mini vs Kimi K2 Thinking specifications side by side
Specificationo4-miniOpenAIKimi K2 ThinkingMoonshot AI
Capability
Capabilities Index (ECI)145.6146.0 (best)
ECI rank#76 of 148#72 of 148 (best)
GPQA DiamondGraduate-level science questions79.6%84.2% (best)
FrontierMath Tiers 1–3Research-level mathematics36.1%—
OTIS Mock AIME 2024–2025Competition mathematics81.7%83.1% (best)
SimpleQA VerifiedShort factual questions19.6%—
Price per million tokens
Input$1.10$0.60 (best)
Output$4.40$2.50 (best)
Cached input$0.275—
Blended (3:1)$1.93$1.07 (best)
Long-context rateSame rateSame rate
Price sourceOfficial OpenAI APIMedian of 10 providers
Limits
Context window200,000 tokens262,144 tokens (best)
Max output100,000 tokens262,144 tokens (best)
Inputs and features
TextYesYes
ImagesYesNo
PDFsNoNo
AudioNoNo
VideoNoNo
ReasoningYeslow · medium · highYes
Tool callingYesYes
Structured outputYesNo
Availability
WeightsProprietaryOpen
API model IDo4-mini—
API providers19 (best)10
ReleasedApr 16, 2025Nov 6, 2025
Knowledge cutoffMay 2024Aug 2024
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.

  • o4-mini$19.80
  • Kimi K2 Thinking$11.00
04 — Questions

Which should you choose?

Which is better: o4-mini or Kimi K2 Thinking?

It is close. Our weighted score puts them within 2 points (o4-mini 59/100, Kimi K2 Thinking 58/100), so choose by what matters most for your work: Kimi K2 Thinking for raw capability. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

Which is cheaper, o4-mini or Kimi K2 Thinking?

Kimi K2 Thinking is cheaper at $0.60 input / $2.50 output per million tokens (median across 10 API providers). o4-mini costs $1.10 input / $4.40 output per million tokens (official OpenAI API price). At a typical mix of three input tokens to one output token, that is $1.07 per million tokens for Kimi K2 Thinking versus $1.93 for o4-mini (1.8× as much).

Which scores higher on benchmarks?

Kimi K2 Thinking scores higher on the Capabilities Index (ECI): Kimi K2 Thinking 146.0 (#72 of 148) and o4-mini 145.6 (#76 of 148). The confidence ranges of the top two overlap (143.4–147.6 vs 143.0–147.4), so treat the gap as small. On individual benchmarks: GPQA Diamond — Kimi K2 Thinking 84.2%, o4-mini 79.6%; OTIS Mock AIME 2024–2025 — Kimi K2 Thinking 83.1%, o4-mini 81.7%.

Which is better for coding?

There are no published SWE-bench Verified results for o4-mini and Kimi K2 Thinking yet, so there is no like-for-like coding score. On overall capability, Kimi K2 Thinking leads, which tends to carry over to coding, but test on your own codebase. Both support tool calling for agent workflows.

Which has the bigger context window?

Kimi K2 Thinking has the largest context window at 262,144 tokens, against 200,000 for o4-mini. Maximum output per response: o4-mini up to 100,000, Kimi K2 Thinking up to 262,144 tokens.

Which can read images, PDFs, audio or video?

o4-mini accepts text and images; Kimi K2 Thinking accepts text. o4-mini handles the widest range of inputs.

Are any of these open source?

Kimi K2 Thinking publishes its weights and can be self-hosted; o4-mini is proprietary.

Which is newer?

Kimi K2 Thinking is the newest, released Nov 6, 2025. o4-mini came out Apr 16, 2025. Knowledge cutoff: o4-mini May 2024, Kimi K2 Thinking Aug 2024.

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 Oct 4, 2026.