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Kimi K2.5 vs Qwen3 Max Thinking

Kimi K2.5 leads the LLM Stats Score 38.5 to 32.6. Kimi K2.5 is 2.0x cheaper per token.

Moonshot AI · Alibaba Cloud / Qwen Team · Updated for 2026

Which is better?

Kimi K2.5 leads the overall LLM Stats Score 38.5 to 32.6, ranking #80 overall.

In the 12 individual benchmarks reported for both models, Kimi K2.5 wins 10; this is a narrower head-to-head signal than the composite indexes.

On price, Kimi K2.5 is roughly 2.0x cheaper per token on a blended 3:1 input/output basis, which adds up quickly at production volume.

Kimi K2.5 also accepts a larger context window (262,100 input tokens), making it the stronger choice for long documents and large codebases.

Based on current LLM Stats indexes, shared benchmarks, pricing, and model metadata for 2026.

Choose Kimi K2.5

  • overall performance matters — it scores 38.5 and ranks #80 on LLM Stats
  • your work emphasizes reasoning and agents — it leads those capability indexes
  • you value its reported benchmark strengths — it wins 10 of 12 exact shared results
  • cost matters — it's about 2.0x cheaper per token
  • you process long inputs — it offers a 262,100 token context window
  • you need open weights you can self-host or fine-tune

Choose Qwen3 Max Thinking

  • you want the most recent training data — it shipped Feb 2026

At a glance

The differences that matter most.

Core performance indexes
38.5
#80
32.6
#125
38.4
#79
33.7
#113
24.5
#89
16.0
#147
18.1
#91
9.9
#142
Cost, coverage & limits
Benchmark wins
10 of 12
2 of 12
Input price
$0.60 / M
$1.20 / M
Output price
$3.00 / M
$6.00 / M
Context window
262,100
256,000

Capability indexes

Additional strengths measured across groups of related public benchmarks

3 shared
Index
Kimi K2.5
Qwen3 Max Thinking
36.6#38
31.6#71
24.0#16
19.7#33
22.1#20
11.2#52
Conservative TrueSkill rating · higher is betterHow scores work

Individual benchmarks

40 reported for Kimi K2.5 · 34 for Qwen3 Max Thinking

12 shared

Kimi K2.5 outperforms in 10 benchmarks (AA-LCR, BrowseComp, GPQA, LongBench v2, MMLU-Pro, Seal-0, SWE-bench Multilingual, SWE-Bench Verified, Terminal-Bench 2.0, WideSearch), while Qwen3 Max Thinking is better at 2 benchmarks (IMO-AnswerBench, LiveCodeBench v6).

Kimi K2.5 significantly outperforms across most benchmarks.

Sat Oct 24 2026 • llm-stats.com

Human preference

Blind head-to-head votes and playground preference scores

Pricing Analysis

Price comparison per million tokens

Kimi K2.5 costs less

For input processing, Kimi K2.5 ($0.60/1M tokens) is 2.0x cheaper than Qwen3 Max Thinking ($1.20/1M tokens).

For output processing, Kimi K2.5 ($3.00/1M tokens) is 2.0x cheaper than Qwen3 Max Thinking ($6.00/1M tokens).

In conclusion, Qwen3 Max Thinking is more expensive than Kimi K2.5.*

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

Lowest available price from all providers
Sat Oct 24 2026 • llm-stats.com
Moonshot AI
Kimi K2.5
Input tokens$0.60
Output tokens$3.00
Best providerFireworks
Alibaba Cloud / Qwen Team
Qwen3 Max Thinking
Input tokens$1.20
Output tokens$6.00
Best providerDeepinfra
Notice missing or incorrect data?

Model Size

Parameter count comparison

0.0M diff

Qwen3 Max Thinking has 0.0B more parameters than Kimi K2.5, making it 0.0% larger.

Moonshot AI
Kimi K2.5
1.0Tparameters
Alibaba Cloud / Qwen Team
Qwen3 Max Thinking
1.0Tparameters
1000.0B
Kimi K2.5
1000.0B
Qwen3 Max Thinking

Context Window

Maximum input and output token capacity

Kimi K2.5 accepts 262,100 input tokens compared to Qwen3 Max Thinking's 256,000 tokens. Kimi K2.5 can generate longer responses up to 262,100 tokens, while Qwen3 Max Thinking is limited to 256,000 tokens.

Moonshot AI
Kimi K2.5
Input262,100 tokens
Output262,100 tokens
Alibaba Cloud / Qwen Team
Qwen3 Max Thinking
Input256,000 tokens
Output256,000 tokens
Sat Oct 24 2026 • llm-stats.com

Input capabilities

Documented input modalities across available providers

Kimi K2.5 supports multimodal inputs, whereas Qwen3 Max Thinking does not.

Kimi K2.5 can handle both text and other forms of data like images, making it suitable for multimodal applications.

Kimi K2.5

Text
Images
Audio
Video

Qwen3 Max Thinking

Text
Images
Audio
Video

License

Usage and distribution terms

Kimi K2.5 is licensed under MIT, while Qwen3 Max Thinking uses a proprietary license.

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

Kimi K2.5

MIT

Open weights

Qwen3 Max Thinking

Proprietary

Closed source

Release Timeline

When each model was launched

Kimi K2.5 was released on 2026-01-27, while Qwen3 Max Thinking was released on 2026-02-13.

Qwen3 Max Thinking is 1 month newer than Kimi K2.5.

Kimi K2.5

Jan 27, 2026

8 months ago

Qwen3 Max Thinking

Feb 13, 2026

8 months ago

2w newer

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 K2.5 is available from Fireworks, Moonshot AI. Qwen3 Max Thinking is available from DeepInfra.

Kimi K2.5

fireworks logo
Fireworks
Input Price:Input: $0.60/1MOutput Price:Output: $3.00/1M
moonshot logo
Unknown Organization
Input Price:Input: $0.60/1MOutput Price:Output: $3.00/1M

Qwen3 Max Thinking

deepinfra logo
Deepinfra
Input Price:Input: $1.20/1MOutput Price:Output: $6.00/1M
* Prices shown are per million tokens

Outputs Comparison

Notice missing or incorrect data?

Judge for yourself.

Run your own prompts against Kimi K2.5 and Qwen3 Max Thinking side-by-side, then vote on the output you prefer.

Kimi K2.5
✓ Preferred
Qwen3 Max Thinking
Open in Playground

FAQ

Common questions about Kimi K2.5 vs Qwen3 Max Thinking.

Which is better, Kimi K2.5 or Qwen3 Max Thinking?

Kimi K2.5 leads the LLM Stats Score 38.5 to 32.6. Kimi K2.5 is made by Moonshot AI and Qwen3 Max Thinking is made by Alibaba Cloud / Qwen Team. The best choice depends on your use case — compare their capability indexes, individual benchmarks, pricing, and limits above.

How does Kimi K2.5 compare to Qwen3 Max Thinking in benchmarks?

Kimi K2.5 scores AIME 2025: 96.1%, HMMT 2025: 95.4%, InfoVQAtest: 92.6%, OCRBench: 92.3%, MathVista-Mini: 90.1%. Qwen3 Max Thinking scores C-Eval: 93.7%, IFEval: 93.4%, AIME 2026: 93.3%, MMLU-Redux: 92.8%, GPQA: 87.4%.

Is Kimi K2.5 cheaper than Qwen3 Max Thinking?

Kimi K2.5 is 2.0x cheaper for input tokens. Kimi K2.5 costs $0.60/M input and $3.00/M output via fireworks. Qwen3 Max Thinking costs $1.20/M input and $6.00/M output via deepinfra.

What are the context window sizes for Kimi K2.5 and Qwen3 Max Thinking?

Kimi K2.5 supports 262K tokens and Qwen3 Max Thinking supports 256K tokens. A larger context window lets you process longer documents, conversations, or codebases in a single request.

What are the main differences between Kimi K2.5 and Qwen3 Max Thinking?

Key differences include LLM Stats Score (38.5 vs 32.6), context window (262K vs 256K), input pricing ($0.60 vs $1.20/M), multimodal support (yes vs no), licensing (MIT vs Proprietary). See the full comparison above for benchmark-by-benchmark results.

Who makes Kimi K2.5 and Qwen3 Max Thinking?

Kimi K2.5 is developed by Moonshot AI and Qwen3 Max Thinking is developed by Alibaba Cloud / Qwen Team.