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Comparison · 2 models · Updated Nov 2, 2026

QwQ 32B vs Kimi K2 Instruct

Too close to call on our weighted score (QwQ 32B 53, Kimi K2 Instruct 50). The right pick depends on what you value most.

  1. Alibaba (Qwen)

    QwQ 32B

    Released Mar 5, 2025

    53/100
    • ECI137.5
    • Price$0.53 / $0.70
    • Context131K
  2. Moonshot AI

    Kimi K2 Instruct

    Released Jul 11, 2025

    50/100
    • ECI139.9
    • Price$0.57 / $2.30
    • Context131K
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01 — Verdict

Too close to call

It is close. Our weighted score puts them within 3 points (QwQ 32B 53/100, Kimi K2 Instruct 50/100), so choose by what matters most for your work: Kimi K2 Instruct for raw capability and QwQ 32B on price. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

  • CapabilityKimi K2 InstructCapabilities Index (ECI): Kimi K2 Instruct 139.9 · QwQ 32B 137.5
  • Lowest priceQwQ 32BQwQ 32B $0.573 · Kimi K2 Instruct $1.00 per 1M tokens (3:1 blend)
  • Longest contextAbout the sameQwQ 32B 131,072 · Kimi K2 Instruct 131,072 tokens
  • Widest inputsSame inputsQwQ 32B: Text · Kimi K2 Instruct: Text
  • Self-hostingAll open weightsEvery model here can be downloaded and run on your own hardware
How the score is built
MeasureWeightQwQ 32BKimi K2 Instruct
CapabilityCapabilities Index (ECI)50%6164
Price25%5948
Inputs & features15%3525
Context window10%2525
Overall100%53/10050/100
02 — Side by side

Every spec in one table

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

QwQ 32B vs Kimi K2 Instruct specifications side by side
SpecificationQwQ 32BAlibaba (Qwen)Kimi K2 InstructMoonshot AI
Capability
Capabilities Index (ECI)137.5139.9 (best)
ECI rank#123 of 165#112 of 165 (best)
GPQA DiamondGraduate-level science questions65.3%—
OTIS Mock AIME 2024–2025Competition mathematics59.2%—
Price per million tokens
Input$0.53 (best)$0.57
Output$0.70 (best)$2.30
Cached input——
Blended (3:1)$0.573 (best)$1.00
Long-context rateSame rateSame rate
Price sourceMedian of 2 providersMedian of 11 providers
Limits
Context window131,072 tokens131,072 tokens
Max output8,192 tokens32,768 tokens (best)
Inputs and features
TextYesYes
ImagesNoNo
PDFsNoNo
AudioNoNo
VideoNoNo
ReasoningYesNo
Tool callingYesYes
Structured outputNoNo
Availability
WeightsOpenOpenModified MIT
API model ID——
API providers211 (best)
ReleasedMar 5, 2025Jul 11, 2025
Knowledge cutoffApr 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.

  • QwQ 32B$6.70
  • Kimi K2 Instruct$10.30
04 — Questions

Which should you choose?

Which is better: QwQ 32B or Kimi K2 Instruct?

It is close. Our weighted score puts them within 3 points (QwQ 32B 53/100, Kimi K2 Instruct 50/100), so choose by what matters most for your work: Kimi K2 Instruct for raw capability and QwQ 32B on price. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

Which is cheaper, QwQ 32B or Kimi K2 Instruct?

QwQ 32B is cheaper at $0.53 input / $0.70 output per million tokens (median across 2 API providers). Kimi K2 Instruct costs $0.57 input / $2.30 output per million tokens (median across 11 API providers). At a typical mix of three input tokens to one output token, that is $0.573 per million tokens for QwQ 32B versus $1.00 for Kimi K2 Instruct (1.8× as much).

Which scores higher on benchmarks?

Kimi K2 Instruct scores higher on the Capabilities Index (ECI): Kimi K2 Instruct 139.9 (#112 of 165) and QwQ 32B 137.5 (#123 of 165). The confidence ranges of the top two overlap (136.3–141.6 vs 133.1–141.3), so treat the gap as small.

Which is better for coding?

There are no published SWE-bench Verified results for QwQ 32B and Kimi K2 Instruct yet, so there is no like-for-like coding score. On overall capability, Kimi K2 Instruct 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?

QwQ 32B and Kimi K2 Instruct share the same 131,072-token context window. Maximum output per response: QwQ 32B up to 8,192, Kimi K2 Instruct up to 32,768 tokens.

Which can read images, PDFs, audio or video?

QwQ 32B accepts text; Kimi K2 Instruct accepts text. They handle the same number of input types.

Are any of these open source?

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

Which is newer?

Kimi K2 Instruct is the newest, released Jul 11, 2025. QwQ 32B came out Mar 5, 2025. Knowledge cutoff: QwQ 32B Apr 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 Nov 2, 2026.