Model Comparison

DeepSeek-V3.2 (Thinking) vs Qwen3-235B-A22B-Instruct-2507Which is better in 2026?

DeepSeek-V3.2 (Thinking) significantly outperforms across most benchmarks. Qwen3-235B-A22B-Instruct-2507 is 1.0x cheaper per token.

Verdict: DeepSeek-V3.2 (Thinking) vs Qwen3-235B-A22B-Instruct-2507 — which is better?

DeepSeek-V3.2 (Thinking) (by DeepSeek) and Qwen3-235B-A22B-Instruct-2507 (by Alibaba Cloud / Qwen Team) are two of the AI models people compare most. Here is how they stack up on benchmarks, price and capabilities, and which one to pick in 2026.

DeepSeek-V3.2 (Thinking) outperforms in 3 benchmarks (AIME 2025, GPQA, MMLU-Pro), while Qwen3-235B-A22B-Instruct-2507 is better at 0 benchmarks. DeepSeek-V3.2 (Thinking) significantly outperforms across most benchmarks.

Qwen3-235B-A22B-Instruct-2507 also accepts a larger context window (262,144 input tokens), making it the stronger choice for long documents and large codebases.

Choose DeepSeek-V3.2 (Thinking) if…

  • you want the strongest raw capability — it leads on 3 of 3 shared benchmarks
  • you want the most recent training data — it shipped Dec 2025

Choose Qwen3-235B-A22B-Instruct-2507 if…

  • you process long inputs — it offers a 262,144 token context window

Performance Benchmarks

Comparative analysis across standard metrics

3 benchmarks

DeepSeek-V3.2 (Thinking) outperforms in 3 benchmarks (AIME 2025, GPQA, MMLU-Pro), while Qwen3-235B-A22B-Instruct-2507 is better at 0 benchmarks.

DeepSeek-V3.2 (Thinking) significantly outperforms across most benchmarks.

Wed Jun 24 2026 • llm-stats.com

Arena Performance

Human preference votes

Pricing Analysis

Price comparison per million tokens

Qwen3-235B-A22B-Instruct-2507 costs less

For input processing, DeepSeek-V3.2 (Thinking) ($0.28/1M tokens) is 1.9x more expensive than Qwen3-235B-A22B-Instruct-2507 ($0.15/1M tokens).

For output processing, DeepSeek-V3.2 (Thinking) ($0.42/1M tokens) is 1.9x cheaper than Qwen3-235B-A22B-Instruct-2507 ($0.80/1M tokens).

In conclusion, DeepSeek-V3.2 (Thinking) is more expensive than Qwen3-235B-A22B-Instruct-2507.*

* Using a 3:1 ratio of input to output tokens

Lowest available price from all providers
Wed Jun 24 2026 • llm-stats.com
DeepSeek
DeepSeek-V3.2 (Thinking)
Input tokens$0.28
Output tokens$0.42
Best providerDeepSeek
Alibaba Cloud / Qwen Team
Qwen3-235B-A22B-Instruct-2507
Input tokens$0.15
Output tokens$0.80
Best providerFireworks
Notice missing or incorrect data?Start an Issue

Model Size

Parameter count comparison

450.0B diff

DeepSeek-V3.2 (Thinking) has 450.0B more parameters than Qwen3-235B-A22B-Instruct-2507, making it 191.5% larger.

DeepSeek
DeepSeek-V3.2 (Thinking)
685.0Bparameters
Alibaba Cloud / Qwen Team
Qwen3-235B-A22B-Instruct-2507
235.0Bparameters
685.0B
DeepSeek-V3.2 (Thinking)
235.0B
Qwen3-235B-A22B-Instruct-2507

Context Window

Maximum input and output token capacity

Qwen3-235B-A22B-Instruct-2507 accepts 262,144 input tokens compared to DeepSeek-V3.2 (Thinking)'s 131,072 tokens. Qwen3-235B-A22B-Instruct-2507 can generate longer responses up to 131,072 tokens, while DeepSeek-V3.2 (Thinking) is limited to 65,536 tokens.

DeepSeek
DeepSeek-V3.2 (Thinking)
Input131,072 tokens
Output65,536 tokens
Alibaba Cloud / Qwen Team
Qwen3-235B-A22B-Instruct-2507
Input262,144 tokens
Output131,072 tokens
Wed Jun 24 2026 • llm-stats.com

License

Usage and distribution terms

DeepSeek-V3.2 (Thinking) is licensed under MIT, while Qwen3-235B-A22B-Instruct-2507 uses Apache 2.0.

License differences may affect how you can use these models in commercial or open-source projects.

DeepSeek-V3.2 (Thinking)

MIT

Open weights

Qwen3-235B-A22B-Instruct-2507

Apache 2.0

Open weights

Release Timeline

When each model was launched

DeepSeek-V3.2 (Thinking) was released on 2025-12-01, while Qwen3-235B-A22B-Instruct-2507 was released on 2025-07-22.

DeepSeek-V3.2 (Thinking) is 4 months newer than Qwen3-235B-A22B-Instruct-2507.

DeepSeek-V3.2 (Thinking)

Dec 1, 2025

6 months ago

4mo newer
Qwen3-235B-A22B-Instruct-2507

Jul 22, 2025

11 months ago

Knowledge Cutoff

When training data ends

Neither model specifies a knowledge cutoff date.

Unable to compare the recency of their training data.

No cutoff dates available

Provider Availability

DeepSeek-V3.2 (Thinking) is available from DeepSeek. Qwen3-235B-A22B-Instruct-2507 is available from Fireworks, Novita.

DeepSeek-V3.2 (Thinking)

deepseek logo
DeepSeek
Input Price:Input: $0.28/1MOutput Price:Output: $0.42/1M

Qwen3-235B-A22B-Instruct-2507

fireworks logo
Fireworks
Input Price:Input: $0.15/1MOutput Price:Output: $0.80/1M
novita logo
Novita
Input Price:Input: $0.15/1MOutput Price:Output: $0.80/1M
* Prices shown are per million tokens

Outputs Comparison

Notice missing or incorrect data?Start an Issue discussion

Key Takeaways

Less expensive output tokens
Higher AIME 2025 score (93.1% vs 70.3%)
Higher GPQA score (82.4% vs 77.5%)
Higher MMLU-Pro score (85.0% vs 83.0%)
Larger context window (262,144 tokens)
Less expensive input tokens

Detailed Comparison

FAQ

Common questions about DeepSeek-V3.2 (Thinking) vs Qwen3-235B-A22B-Instruct-2507.

Which is better, DeepSeek-V3.2 (Thinking) or Qwen3-235B-A22B-Instruct-2507?

DeepSeek-V3.2 (Thinking) significantly outperforms across most benchmarks. DeepSeek-V3.2 (Thinking) is made by DeepSeek and Qwen3-235B-A22B-Instruct-2507 is made by Alibaba Cloud / Qwen Team. The best choice depends on your use case — compare their benchmark scores, pricing, and capabilities above.

How does DeepSeek-V3.2 (Thinking) compare to Qwen3-235B-A22B-Instruct-2507 in benchmarks?

DeepSeek-V3.2 (Thinking) scores AIME 2025: 93.1%, HMMT 2025: 90.2%, MMLU-Pro: 85.0%, LiveCodeBench: 83.3%, GPQA: 82.4%. Qwen3-235B-A22B-Instruct-2507 scores ZebraLogic: 95.0%, MMLU-Redux: 93.1%, IFEval: 88.7%, MultiPL-E: 87.9%, Creative Writing v3: 87.5%.

Is DeepSeek-V3.2 (Thinking) cheaper than Qwen3-235B-A22B-Instruct-2507?

Qwen3-235B-A22B-Instruct-2507 is 1.9x cheaper for input tokens. DeepSeek-V3.2 (Thinking) costs $0.28/M input and $0.42/M output via deepseek. Qwen3-235B-A22B-Instruct-2507 costs $0.15/M input and $0.80/M output via fireworks.

What are the context window sizes for DeepSeek-V3.2 (Thinking) and Qwen3-235B-A22B-Instruct-2507?

DeepSeek-V3.2 (Thinking) supports 131K tokens and Qwen3-235B-A22B-Instruct-2507 supports 262K tokens. A larger context window lets you process longer documents, conversations, or codebases in a single request.

What are the main differences between DeepSeek-V3.2 (Thinking) and Qwen3-235B-A22B-Instruct-2507?

Key differences include context window (131K vs 262K), input pricing ($0.28 vs $0.15/M), licensing (MIT vs Apache 2.0). See the full comparison above for benchmark-by-benchmark results.

Who makes DeepSeek-V3.2 (Thinking) and Qwen3-235B-A22B-Instruct-2507?

DeepSeek-V3.2 (Thinking) is developed by DeepSeek and Qwen3-235B-A22B-Instruct-2507 is developed by Alibaba Cloud / Qwen Team.