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MiniMax M3.1 Flash vs QwQ-32B-Preview

MiniMax M3.1 Flash leads the LLM Stats Score 48.7 to 8.5. QwQ-32B-Preview is 1.6x cheaper per token.

MiniMax · Alibaba Cloud / Qwen Team · Updated for 2026

Which is better?

MiniMax M3.1 Flash leads the overall LLM Stats Score 48.7 to 8.5, ranking #29 overall.

On price, QwQ-32B-Preview is roughly 1.6x cheaper per token on a blended 3:1 input/output basis, which adds up quickly at production volume.

MiniMax M3.1 Flash also accepts a larger context window (1,000,000 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 MiniMax M3.1 Flash

  • overall performance matters — it scores 48.7 and ranks #29 on LLM Stats
  • your work emphasizes reasoning and coding — it leads those capability indexes
  • you process long inputs — it offers a 1,000,000 token context window
  • you want the most recent training data — it shipped Oct 2026

Choose QwQ-32B-Preview

  • cost matters — it's about 1.6x cheaper per token
  • you need open weights you can self-host or fine-tune

At a glance

The differences that matter most.

Core performance indexes
48.7
#29
8.5
#299
45.9
#32
8.8
#289
37.9
#23
4.3
#229
Cost, coverage & limits
Benchmark wins
—
—
Input price
$0.15 / M
$0.15 / M
Output price
$0.60 / M
$0.20 / M
Context window
1,000,000
32,768

Individual benchmarks

15 reported for MiniMax M3.1 Flash · 4 for QwQ-32B-Preview

No common benchmarks found

MiniMax M3.1 Flash and QwQ-32B-Previewdon't have any common benchmark datasets to compare. They may have been evaluated on different testing suites.

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, MiniMax M3.1 Flash ($0.15/1M tokens) costs the same as QwQ-32B-Preview ($0.15/1M tokens).

For output processing, MiniMax M3.1 Flash ($0.60/1M tokens) is 3.0x more expensive than QwQ-32B-Preview ($0.20/1M tokens).

In conclusion, MiniMax M3.1 Flash is more expensive than QwQ-32B-Preview.*

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

Lowest available price from all providers
Thu Oct 22 2026 • llm-stats.com
MiniMax
MiniMax M3.1 Flash
Input tokens$0.15
Output tokens$0.60
Best providerMiniMax
Alibaba Cloud / Qwen Team
QwQ-32B-Preview
Input tokens$0.15
Output tokens$0.20
Best providerDeepinfra
Notice missing or incorrect data?

Context Window

Maximum input and output token capacity

MiniMax M3.1 Flash accepts 1,000,000 input tokens compared to QwQ-32B-Preview's 32,768 tokens. MiniMax M3.1 Flash can generate longer responses up to 524,288 tokens, while QwQ-32B-Preview is limited to 32,768 tokens.

MiniMax
MiniMax M3.1 Flash
Input1,000,000 tokens
Output524,288 tokens
Alibaba Cloud / Qwen Team
QwQ-32B-Preview
Input32,768 tokens
Output32,768 tokens
Thu Oct 22 2026 • llm-stats.com

Input capabilities

Documented input modalities across available providers

MiniMax M3.1 Flash supports multimodal inputs, whereas QwQ-32B-Preview does not.

MiniMax M3.1 Flash can handle both text and other forms of data like images, making it suitable for multimodal applications.

MiniMax M3.1 Flash

Text
Images
Audio
Video

QwQ-32B-Preview

Text
Images
Audio
Video

License

Usage and distribution terms

MiniMax M3.1 Flash 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.

MiniMax M3.1 Flash

Proprietary

Closed source

QwQ-32B-Preview

Apache 2.0

Open weights

Release Timeline

When each model was launched

MiniMax M3.1 Flash was released on 2026-10-19, while QwQ-32B-Preview was released on 2024-11-28.

MiniMax M3.1 Flash is 23 months newer than QwQ-32B-Preview.

MiniMax M3.1 Flash

Oct 19, 2026

1 days ago

1.9yr newer
QwQ-32B-Preview

Nov 28, 2024

1.9 years ago

Knowledge Cutoff

When training data ends

QwQ-32B-Preview has a documented knowledge cutoff of 2024-11-28, while MiniMax M3.1 Flash'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 MiniMax M3.1 Flash's cutoff date.

MiniMax M3.1 Flash

—

QwQ-32B-Preview

Nov 2024

Provider Availability

MiniMax M3.1 Flash is available from MiniMax. QwQ-32B-Preview is available from DeepInfra, Hyperbolic, Fireworks, Together.

MiniMax M3.1 Flash

minimax logo
MiniMax
Input Price:Input: $0.15/1MOutput Price:Output: $0.60/1M

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?

Judge for yourself.

Run your own prompts against MiniMax M3.1 Flash and QwQ-32B-Preview side-by-side, then vote on the output you prefer.

MiniMax M3.1 Flash
✓ Preferred
QwQ-32B-Preview
Open in Playground

FAQ

Common questions about MiniMax M3.1 Flash vs QwQ-32B-Preview.

Which is better, MiniMax M3.1 Flash or QwQ-32B-Preview?

MiniMax M3.1 Flash leads the LLM Stats Score 48.7 to 8.5. MiniMax M3.1 Flash is made by MiniMax 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 MiniMax M3.1 Flash compare to QwQ-32B-Preview in benchmarks?

MiniMax M3.1 Flash scores BabyVision: 91.0%, CharXiv-R: 82.5%, CyberGym: 82.2%, BankerToolBench: 76.2%, DeepSWE 1.1: 73.7%. QwQ-32B-Preview scores MATH-500: 90.6%, GPQA: 65.2%, AIME 2024: 50.0%, LiveCodeBench: 50.0%.

Is MiniMax M3.1 Flash cheaper than QwQ-32B-Preview?

Both models cost $0.15 per million input tokens.

What are the context window sizes for MiniMax M3.1 Flash and QwQ-32B-Preview?

MiniMax M3.1 Flash 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 MiniMax M3.1 Flash and QwQ-32B-Preview?

Key differences include LLM Stats Score (48.7 vs 8.5), context window (1.0M vs 33K), multimodal support (yes vs no), licensing (Proprietary vs Apache 2.0). See the full comparison above for benchmark-by-benchmark results.

Who makes MiniMax M3.1 Flash and QwQ-32B-Preview?

MiniMax M3.1 Flash is developed by MiniMax and QwQ-32B-Preview is developed by Alibaba Cloud / Qwen Team.