Model Comparison

GPT-5.4 vs QwQ-32B-PreviewWhich is better in 2026?

GPT-5.4 significantly outperforms across most benchmarks. QwQ-32B-Preview is 34.6x cheaper per token.

Verdict: GPT-5.4 vs QwQ-32B-Preview — which is better?

GPT-5.4 (by OpenAI) and QwQ-32B-Preview (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.

GPT-5.4 outperforms in 1 benchmarks (GPQA), while QwQ-32B-Preview is better at 0 benchmarks. GPT-5.4 significantly outperforms across most benchmarks.

On price, QwQ-32B-Preview is roughly 34.6x cheaper per token on a blended 3:1 input/output basis, which adds up quickly at production volume.

GPT-5.4 also accepts a larger context window (1,000,000 input tokens), making it the stronger choice for long documents and large codebases.

Choose GPT-5.4 if…

  • you want the strongest raw capability — it leads on 1 of 1 shared benchmarks
  • you process long inputs — it offers a 1,000,000 token context window
  • you want the most recent training data — it shipped Mar 2026

Choose QwQ-32B-Preview if…

  • cost matters — it's about 34.6x cheaper per token
  • you need open weights you can self-host or fine-tune

Performance Benchmarks

Comparative analysis across standard metrics

1 benchmarks

GPT-5.4 outperforms in 1 benchmarks (GPQA), while QwQ-32B-Preview is better at 0 benchmarks.

GPT-5.4 significantly outperforms across most benchmarks.

Sat Jun 06 2026 • llm-stats.com

Arena Performance

Human preference votes

Pricing Analysis

Price comparison per million tokens

QwQ-32B-Preview costs less

For input processing, GPT-5.4 ($2.50/1M tokens) is 16.7x more expensive than QwQ-32B-Preview ($0.15/1M tokens).

For output processing, GPT-5.4 ($15.00/1M tokens) is 75.0x more expensive than QwQ-32B-Preview ($0.20/1M tokens).

In conclusion, GPT-5.4 is more expensive than QwQ-32B-Preview.*

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

Lowest available price from all providers
Sat Jun 06 2026 • llm-stats.com
OpenAI
GPT-5.4
Input tokens$2.50
Output tokens$15.00
Best providerOpenAI
Alibaba Cloud / Qwen Team
QwQ-32B-Preview
Input tokens$0.15
Output tokens$0.20
Best providerDeepinfra
Notice missing or incorrect data?Start an Issue

Context Window

Maximum input and output token capacity

GPT-5.4 accepts 1,000,000 input tokens compared to QwQ-32B-Preview's 32,768 tokens. GPT-5.4 can generate longer responses up to 128,000 tokens, while QwQ-32B-Preview is limited to 32,768 tokens.

OpenAI
GPT-5.4
Input1,000,000 tokens
Output128,000 tokens
Alibaba Cloud / Qwen Team
QwQ-32B-Preview
Input32,768 tokens
Output32,768 tokens
Sat Jun 06 2026 • llm-stats.com

Input Capabilities

Supported data types and modalities

GPT-5.4 supports multimodal inputs, whereas QwQ-32B-Preview does not.

GPT-5.4 can handle both text and other forms of data like images, making it suitable for multimodal applications.

GPT-5.4

Text
Images
Audio
Video

QwQ-32B-Preview

Text
Images
Audio
Video

License

Usage and distribution terms

GPT-5.4 is licensed under a proprietary license, while QwQ-32B-Preview uses Apache 2.0.

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

GPT-5.4

Proprietary

Closed source

QwQ-32B-Preview

Apache 2.0

Open weights

Release Timeline

When each model was launched

GPT-5.4 was released on 2026-03-05, while QwQ-32B-Preview was released on 2024-11-28.

GPT-5.4 is 15 months newer than QwQ-32B-Preview.

GPT-5.4

Mar 5, 2026

3 months ago

1.3yr newer
QwQ-32B-Preview

Nov 28, 2024

1.5 years ago

Knowledge Cutoff

When training data ends

QwQ-32B-Preview has a documented knowledge cutoff of 2024-11-28, while GPT-5.4's cutoff date is not specified.

We can confirm QwQ-32B-Preview's training data extends to 2024-11-28, but cannot make a direct comparison without GPT-5.4's cutoff date.

GPT-5.4

QwQ-32B-Preview

Nov 2024

Provider Availability

GPT-5.4 is available from OpenAI. QwQ-32B-Preview is available from DeepInfra, Hyperbolic, Fireworks, Together.

GPT-5.4

openai logo
OpenAI
Input Price:Input: $2.50/1MOutput Price:Output: $15.00/1M

QwQ-32B-Preview

deepinfra logo
Deepinfra
Input Price:Input: $0.15/1MOutput Price:Output: $0.60/1M
hyperbolic logo
Hyperbolic
Input Price:Input: $0.20/1MOutput Price:Output: $0.20/1M
fireworks logo
Fireworks
Input Price:Input: $0.89/1MOutput Price:Output: $0.89/1M
together logo
Together
Input Price:Input: $1.20/1MOutput Price:Output: $1.20/1M
* Prices shown are per million tokens

Outputs Comparison

Notice missing or incorrect data?Start an Issue discussion

Key Takeaways

Larger context window (1,000,000 tokens)
Supports multimodal inputs
Higher GPQA score (92.8% vs 65.2%)
Alibaba Cloud / Qwen Team

QwQ-32B-Preview

View details

Alibaba Cloud / Qwen Team

Less expensive input tokens
Less expensive output tokens
Has open weights

Detailed Comparison

AI Model Comparison Table
Feature
OpenAI
GPT-5.4
Alibaba Cloud / Qwen Team
QwQ-32B-Preview

FAQ

Common questions about GPT-5.4 vs QwQ-32B-Preview.

Which is better, GPT-5.4 or QwQ-32B-Preview?

GPT-5.4 significantly outperforms across most benchmarks. GPT-5.4 is made by OpenAI and QwQ-32B-Preview 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 GPT-5.4 compare to QwQ-32B-Preview in benchmarks?

GPT-5.4 scores Tau2 Telecom: 98.9%, ARC-AGI: 93.7%, Graphwalks BFS <128k: 93.0%, GPQA: 92.8%, Graphwalks parents <128k: 89.8%. QwQ-32B-Preview scores MATH-500: 90.6%, GPQA: 65.2%, AIME 2024: 50.0%, LiveCodeBench: 50.0%.

Is GPT-5.4 cheaper than QwQ-32B-Preview?

QwQ-32B-Preview is 16.7x cheaper for input tokens. GPT-5.4 costs $2.50/M input and $15.00/M output via openai. QwQ-32B-Preview costs $0.15/M input and $0.20/M output via deepinfra.

What are the context window sizes for GPT-5.4 and QwQ-32B-Preview?

GPT-5.4 supports 1.0M tokens and QwQ-32B-Preview supports 33K tokens. A larger context window lets you process longer documents, conversations, or codebases in a single request.

What are the main differences between GPT-5.4 and QwQ-32B-Preview?

Key differences include context window (1.0M vs 33K), input pricing ($2.50 vs $0.15/M), multimodal support (yes vs no), licensing (Proprietary vs Apache 2.0). See the full comparison above for benchmark-by-benchmark results.

Who makes GPT-5.4 and QwQ-32B-Preview?

GPT-5.4 is developed by OpenAI and QwQ-32B-Preview is developed by Alibaba Cloud / Qwen Team.