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LongCat-Flash-Thinking-2601 vs QwQ-32B-Preview

LongCat-Flash-Thinking-2601 leads the LLM Stats Score 35.7 to 9.2. QwQ-32B-Preview is 3.2x cheaper per token.

Meituan · Alibaba Cloud / Qwen Team · Updated for 2026

Which is better?

LongCat-Flash-Thinking-2601 leads the overall LLM Stats Score 35.7 to 9.2, ranking #78 overall.

In the 2 individual benchmarks reported for both models, LongCat-Flash-Thinking-2601 wins 2; this is a narrower head-to-head signal than the composite indexes.

On price, QwQ-32B-Preview is roughly 3.2x cheaper per token on a blended 3:1 input/output basis, which adds up quickly at production volume.

LongCat-Flash-Thinking-2601 also accepts a larger context window (128,000 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 LongCat-Flash-Thinking-2601

  • overall performance matters — it scores 35.7 and ranks #78 on LLM Stats
  • your work emphasizes reasoning — it leads those capability indexes
  • you value its reported benchmark strengths — it wins 2 of 2 exact shared results
  • you process long inputs — it offers a 128,000 token context window
  • you want the most recent training data — it shipped Jan 2026

Choose QwQ-32B-Preview

  • cost matters — it's about 3.2x cheaper per token

At a glance

The differences that matter most.

Core performance indexes
35.7
#78
9.2
#259
35.9
#73
9.5
#251
19.2
#101
4.6
#200
Cost, coverage & limits
Benchmark wins
2 of 2
0 of 2
Input price
$0.30 / M
$0.15 / M
Output price
$1.20 / M
$0.20 / M
Context window
128,000
32,768

Capability indexes

Additional strengths measured across groups of related public benchmarks

1 shared
Index
LongCat-Flash-Thinking-2601
QwQ-32B-Preview
30.8#70
9.2#247
Conservative TrueSkill rating · higher is betterHow scores work

Individual benchmarks

11 reported for LongCat-Flash-Thinking-2601 · 4 for QwQ-32B-Preview

2 shared

LongCat-Flash-Thinking-2601 outperforms in 2 benchmarks (GPQA, LiveCodeBench), while QwQ-32B-Preview is better at 0 benchmarks.

LongCat-Flash-Thinking-2601 significantly outperforms across most benchmarks.

Fri Sep 04 2026 • llm-stats.com

Human preference

Blind head-to-head votes and playground preference scores

Pricing Analysis

Price comparison per million tokens

QwQ-32B-Preview costs less

For input processing, LongCat-Flash-Thinking-2601 ($0.30/1M tokens) is 2.0x more expensive than QwQ-32B-Preview ($0.15/1M tokens).

For output processing, LongCat-Flash-Thinking-2601 ($1.20/1M tokens) is 6.0x more expensive than QwQ-32B-Preview ($0.20/1M tokens).

In conclusion, LongCat-Flash-Thinking-2601 is more expensive than QwQ-32B-Preview.*

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

Lowest available price from all providers
Fri Sep 04 2026 • llm-stats.com
Meituan
LongCat-Flash-Thinking-2601
Input tokens$0.30
Output tokens$1.20
Best providerMeituan
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

Model Size

Parameter count comparison

527.5B diff

LongCat-Flash-Thinking-2601 has 527.5B more parameters than QwQ-32B-Preview, making it 1623.1% larger.

Meituan
LongCat-Flash-Thinking-2601
560.0Bparameters
Alibaba Cloud / Qwen Team
QwQ-32B-Preview
32.5Bparameters
560.0B
LongCat-Flash-Thinking-2601
32.5B
QwQ-32B-Preview

Context Window

Maximum input and output token capacity

LongCat-Flash-Thinking-2601 accepts 128,000 input tokens compared to QwQ-32B-Preview's 32,768 tokens. LongCat-Flash-Thinking-2601 can generate longer responses up to 128,000 tokens, while QwQ-32B-Preview is limited to 32,768 tokens.

Meituan
LongCat-Flash-Thinking-2601
Input128,000 tokens
Output128,000 tokens
Alibaba Cloud / Qwen Team
QwQ-32B-Preview
Input32,768 tokens
Output32,768 tokens
Fri Sep 04 2026 • llm-stats.com

License

Usage and distribution terms

LongCat-Flash-Thinking-2601 is licensed under MIT, while QwQ-32B-Preview uses Apache 2.0.

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

LongCat-Flash-Thinking-2601

MIT

Open weights

QwQ-32B-Preview

Apache 2.0

Open weights

Release Timeline

When each model was launched

LongCat-Flash-Thinking-2601 was released on 2026-01-14, while QwQ-32B-Preview was released on 2024-11-28.

LongCat-Flash-Thinking-2601 is 14 months newer than QwQ-32B-Preview.

LongCat-Flash-Thinking-2601

Jan 14, 2026

7 months ago

1.1yr newer
QwQ-32B-Preview

Nov 28, 2024

1.8 years ago

Knowledge Cutoff

When training data ends

QwQ-32B-Preview has a documented knowledge cutoff of 2024-11-28, while LongCat-Flash-Thinking-2601'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 LongCat-Flash-Thinking-2601's cutoff date.

LongCat-Flash-Thinking-2601

QwQ-32B-Preview

Nov 2024

Provider Availability

LongCat-Flash-Thinking-2601 is available from Meituan. QwQ-32B-Preview is available from DeepInfra, Hyperbolic, Fireworks, Together.

LongCat-Flash-Thinking-2601

meituan logo
Meituan
Input Price:Input: $0.30/1MOutput Price:Output: $1.20/1M

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

Judge for yourself.

Run your own prompts against LongCat-Flash-Thinking-2601 and QwQ-32B-Preview side-by-side, then vote on the output you prefer.

LongCat-Flash-Thinking-2601
✓ Preferred
QwQ-32B-Preview
Open in Playground

FAQ

Common questions about LongCat-Flash-Thinking-2601 vs QwQ-32B-Preview.

Which is better, LongCat-Flash-Thinking-2601 or QwQ-32B-Preview?

LongCat-Flash-Thinking-2601 leads the LLM Stats Score 35.7 to 9.2. LongCat-Flash-Thinking-2601 is made by Meituan and QwQ-32B-Preview 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 LongCat-Flash-Thinking-2601 compare to QwQ-32B-Preview in benchmarks?

LongCat-Flash-Thinking-2601 scores AIME 2025: 99.6%, Tau2 Telecom: 99.3%, Tau2 Retail: 88.6%, LiveCodeBench: 82.8%, GPQA: 80.5%. QwQ-32B-Preview scores MATH-500: 90.6%, GPQA: 65.2%, AIME 2024: 50.0%, LiveCodeBench: 50.0%.

Is LongCat-Flash-Thinking-2601 cheaper than QwQ-32B-Preview?

QwQ-32B-Preview is 2.0x cheaper for input tokens. LongCat-Flash-Thinking-2601 costs $0.30/M input and $1.20/M output via meituan. QwQ-32B-Preview costs $0.15/M input and $0.20/M output via deepinfra.

What are the context window sizes for LongCat-Flash-Thinking-2601 and QwQ-32B-Preview?

LongCat-Flash-Thinking-2601 supports 128K 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 LongCat-Flash-Thinking-2601 and QwQ-32B-Preview?

Key differences include LLM Stats Score (35.7 vs 9.2), context window (128K vs 33K), input pricing ($0.30 vs $0.15/M), licensing (MIT vs Apache 2.0). See the full comparison above for benchmark-by-benchmark results.

Who makes LongCat-Flash-Thinking-2601 and QwQ-32B-Preview?

LongCat-Flash-Thinking-2601 is developed by Meituan and QwQ-32B-Preview is developed by Alibaba Cloud / Qwen Team.