Model Comparison

o1-mini vs QwQ-32B-PreviewWhich is better in 2026?

QwQ-32B-Preview significantly outperforms across most benchmarks. QwQ-32B-Preview is 32.3x cheaper per token.

Verdict: o1-mini vs QwQ-32B-Preview — which is better?

o1-mini (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.

o1-mini outperforms in 0 benchmarks, while QwQ-32B-Preview is better at 2 benchmarks (GPQA, MATH-500). QwQ-32B-Preview significantly outperforms across most benchmarks.

On price, QwQ-32B-Preview is roughly 32.3x cheaper per token on a blended 3:1 input/output basis, which adds up quickly at production volume.

o1-mini also accepts a larger context window (128,000 input tokens), making it the stronger choice for long documents and large codebases.

Choose o1-mini if…

  • you process long inputs — it offers a 128,000 token context window

Choose QwQ-32B-Preview if…

  • you want the strongest raw capability — it leads on 2 of 2 shared benchmarks
  • cost matters — it's about 32.3x cheaper per token
  • you want the most recent training data — it shipped Nov 2024
  • you need open weights you can self-host or fine-tune

Performance Benchmarks

Comparative analysis across standard metrics

2 benchmarks

o1-mini outperforms in 0 benchmarks, while QwQ-32B-Preview is better at 2 benchmarks (GPQA, MATH-500).

QwQ-32B-Preview significantly outperforms across most benchmarks.

Sun Jul 26 2026 • llm-stats.com

Arena Performance

Human preference votes

Pricing Analysis

Price comparison per million tokens

QwQ-32B-Preview costs less

For input processing, o1-mini ($3.00/1M tokens) is 20.0x more expensive than QwQ-32B-Preview ($0.15/1M tokens).

For output processing, o1-mini ($12.00/1M tokens) is 60.0x more expensive than QwQ-32B-Preview ($0.20/1M tokens).

In conclusion, o1-mini is more expensive than QwQ-32B-Preview.*

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

Lowest available price from all providers
Sun Jul 26 2026 • llm-stats.com
OpenAI
o1-mini
Input tokens$3.00
Output tokens$12.00
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

o1-mini accepts 128,000 input tokens compared to QwQ-32B-Preview's 32,768 tokens. o1-mini can generate longer responses up to 65,536 tokens, while QwQ-32B-Preview is limited to 32,768 tokens.

OpenAI
o1-mini
Input128,000 tokens
Output65,536 tokens
Alibaba Cloud / Qwen Team
QwQ-32B-Preview
Input32,768 tokens
Output32,768 tokens
Sun Jul 26 2026 • llm-stats.com

License

Usage and distribution terms

o1-mini 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.

o1-mini

Proprietary

Closed source

QwQ-32B-Preview

Apache 2.0

Open weights

Release Timeline

When each model was launched

o1-mini was released on 2024-09-12, while QwQ-32B-Preview was released on 2024-11-28.

QwQ-32B-Preview is 3 months newer than o1-mini.

o1-mini

Sep 12, 2024

1.9 years ago

QwQ-32B-Preview

Nov 28, 2024

1.7 years ago

2mo newer

Knowledge Cutoff

When training data ends

QwQ-32B-Preview has a documented knowledge cutoff of 2024-11-28, while o1-mini'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 o1-mini's cutoff date.

o1-mini

—

QwQ-32B-Preview

Nov 2024

Provider Availability

o1-mini is available from OpenAI, Azure. QwQ-32B-Preview is available from DeepInfra, Hyperbolic, Fireworks, Together.

o1-mini

openai logo
OpenAI
Input Price:Input: $3.00/1MOutput Price:Output: $12.00/1M
azure logo
Azure
Input Price:Input: $3.30/1MOutput Price:Output: $13.20/1M

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→

Key Takeaways

OpenAI
Larger context window (128,000 tokens)
Alibaba Cloud / Qwen Team

QwQ-32B-Preview

View details

Alibaba Cloud / Qwen Team

Less expensive input tokens
Less expensive output tokens
Has open weights
Higher GPQA score (65.2% vs 60.0%)
Higher MATH-500 score (90.6% vs 90.0%)

Detailed Comparison

Interactive Arena

Judge for yourself.

Run your own prompts against o1-mini and QwQ-32B-Preview side-by-side, then vote on the output you prefer.

o1-mini
✓ Preferred
QwQ-32B-Preview
Open in Playground
AI Model Comparison Table
Feature
OpenAI
o1-mini
Alibaba Cloud / Qwen Team
QwQ-32B-Preview

FAQ

Common questions about o1-mini vs QwQ-32B-Preview.

Which is better, o1-mini or QwQ-32B-Preview?

QwQ-32B-Preview significantly outperforms across most benchmarks. o1-mini 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 o1-mini compare to QwQ-32B-Preview in benchmarks?

o1-mini scores HumanEval: 92.4%, MATH-500: 90.0%, MMLU: 85.2%, SuperGLUE: 75.0%, GPQA: 60.0%. QwQ-32B-Preview scores MATH-500: 90.6%, GPQA: 65.2%, AIME 2024: 50.0%, LiveCodeBench: 50.0%.

Is o1-mini cheaper than QwQ-32B-Preview?

QwQ-32B-Preview is 20.0x cheaper for input tokens. o1-mini costs $3.00/M input and $12.00/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 o1-mini and QwQ-32B-Preview?

o1-mini 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 o1-mini and QwQ-32B-Preview?

Key differences include context window (128K vs 33K), input pricing ($3.00 vs $0.15/M), licensing (Proprietary vs Apache 2.0). See the full comparison above for benchmark-by-benchmark results.

Who makes o1-mini and QwQ-32B-Preview?

o1-mini is developed by OpenAI and QwQ-32B-Preview is developed by Alibaba Cloud / Qwen Team.

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