Model Comparison

Kimi K2-Thinking-0905 vs o1-previewWhich is better in 2026?

Kimi K2-Thinking-0905 significantly outperforms across most benchmarks. Kimi K2-Thinking-0905 is 30.8x cheaper per token.

Verdict: Kimi K2-Thinking-0905 vs o1-preview — which is better?

Kimi K2-Thinking-0905 (by Moonshot AI) and o1-preview (by OpenAI) 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.

Kimi K2-Thinking-0905 outperforms in 2 benchmarks (GPQA, SWE-Bench Verified), while o1-preview is better at 0 benchmarks. Kimi K2-Thinking-0905 significantly outperforms across most benchmarks.

On price, Kimi K2-Thinking-0905 is roughly 30.8x cheaper per token on a blended 3:1 input/output basis, which adds up quickly at production volume.

Kimi K2-Thinking-0905 also accepts a larger context window (262,144 input tokens), making it the stronger choice for long documents and large codebases.

Choose Kimi K2-Thinking-0905 if…

  • you want the strongest raw capability — it leads on 2 of 2 shared benchmarks
  • cost matters — it's about 30.8x cheaper per token
  • you process long inputs — it offers a 262,144 token context window
  • you want the most recent training data — it shipped Sep 2025
  • you need open weights you can self-host or fine-tune

Choose o1-preview if…

  • you want predictable pricing at $15.00/M input and $60.00/M output

Performance Benchmarks

Comparative analysis across standard metrics

2 benchmarks

Kimi K2-Thinking-0905 outperforms in 2 benchmarks (GPQA, SWE-Bench Verified), while o1-preview is better at 0 benchmarks.

Kimi K2-Thinking-0905 significantly outperforms across most benchmarks.

Thu Jun 11 2026 • llm-stats.com

Arena Performance

Human preference votes

Pricing Analysis

Price comparison per million tokens

Kimi K2-Thinking-0905 costs less

For input processing, Kimi K2-Thinking-0905 ($0.47/1M tokens) is 31.9x cheaper than o1-preview ($15.00/1M tokens).

For output processing, Kimi K2-Thinking-0905 ($2.00/1M tokens) is 30.0x cheaper than o1-preview ($60.00/1M tokens).

In conclusion, o1-preview is more expensive than Kimi K2-Thinking-0905.*

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

Lowest available price from all providers
Thu Jun 11 2026 • llm-stats.com
Moonshot AI
Kimi K2-Thinking-0905
Input tokens$0.47
Output tokens$2.00
Best providerDeepinfra
OpenAI
o1-preview
Input tokens$15.00
Output tokens$60.00
Best providerOpenAI
Notice missing or incorrect data?Start an Issue

Context Window

Maximum input and output token capacity

Kimi K2-Thinking-0905 accepts 262,144 input tokens compared to o1-preview's 128,000 tokens. Kimi K2-Thinking-0905 can generate longer responses up to 262,144 tokens, while o1-preview is limited to 32,768 tokens.

Moonshot AI
Kimi K2-Thinking-0905
Input262,144 tokens
Output262,144 tokens
OpenAI
o1-preview
Input128,000 tokens
Output32,768 tokens
Thu Jun 11 2026 • llm-stats.com

License

Usage and distribution terms

Kimi K2-Thinking-0905 is licensed under MIT, while o1-preview uses a proprietary license.

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

Kimi K2-Thinking-0905

MIT

Open weights

o1-preview

Proprietary

Closed source

Release Timeline

When each model was launched

Kimi K2-Thinking-0905 was released on 2025-09-05, while o1-preview was released on 2024-09-12.

Kimi K2-Thinking-0905 is 12 months newer than o1-preview.

Kimi K2-Thinking-0905

Sep 5, 2025

9 months ago

11mo newer
o1-preview

Sep 12, 2024

1.7 years 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

Kimi K2-Thinking-0905 is available from DeepInfra, Novita, Fireworks. o1-preview is available from OpenAI, Azure.

Kimi K2-Thinking-0905

deepinfra logo
Deepinfra
Input Price:Input: $0.47/1MOutput Price:Output: $2.00/1M
novita logo
Novita
Input Price:Input: $0.48/1MOutput Price:Output: $2.00/1M
fireworks logo
Fireworks
Input Price:Input: $0.60/1MOutput Price:Output: $2.50/1M

o1-preview

openai logo
OpenAI
Input Price:Input: $15.00/1MOutput Price:Output: $60.00/1M
azure logo
Azure
Input Price:Input: $16.50/1MOutput Price:Output: $66.00/1M
* Prices shown are per million tokens

Outputs Comparison

Notice missing or incorrect data?Start an Issue discussion

Key Takeaways

Larger context window (262,144 tokens)
Less expensive input tokens
Less expensive output tokens
Has open weights
Higher GPQA score (84.5% vs 73.3%)
Higher SWE-Bench Verified score (71.3% vs 41.3%)

No standout differentiators in the data we have for this pair.

Detailed Comparison

AI Model Comparison Table
Feature
Moonshot AI
Kimi K2-Thinking-0905
OpenAI
o1-preview

FAQ

Common questions about Kimi K2-Thinking-0905 vs o1-preview.

Which is better, Kimi K2-Thinking-0905 or o1-preview?

Kimi K2-Thinking-0905 significantly outperforms across most benchmarks. Kimi K2-Thinking-0905 is made by Moonshot AI and o1-preview is made by OpenAI. The best choice depends on your use case — compare their benchmark scores, pricing, and capabilities above.

How does Kimi K2-Thinking-0905 compare to o1-preview in benchmarks?

Kimi K2-Thinking-0905 scores AIME 2025: 100.0%, HMMT 2025: 97.5%, MMLU-Redux: 94.4%, FRAMES: 87.0%, MMLU-Pro: 84.6%. o1-preview scores MGSM: 90.8%, MMLU: 90.8%, MATH: 85.5%, GPQA: 73.3%, LiveBench: 52.3%.

Is Kimi K2-Thinking-0905 cheaper than o1-preview?

Kimi K2-Thinking-0905 is 31.9x cheaper for input tokens. Kimi K2-Thinking-0905 costs $0.47/M input and $2.00/M output via deepinfra. o1-preview costs $15.00/M input and $60.00/M output via openai.

What are the context window sizes for Kimi K2-Thinking-0905 and o1-preview?

Kimi K2-Thinking-0905 supports 262K tokens and o1-preview supports 128K tokens. A larger context window lets you process longer documents, conversations, or codebases in a single request.

What are the main differences between Kimi K2-Thinking-0905 and o1-preview?

Key differences include context window (262K vs 128K), input pricing ($0.47 vs $15.00/M), licensing (MIT vs Proprietary). See the full comparison above for benchmark-by-benchmark results.

Who makes Kimi K2-Thinking-0905 and o1-preview?

Kimi K2-Thinking-0905 is developed by Moonshot AI and o1-preview is developed by OpenAI.