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o1-mini vs QwQ-32B-Preview

o1-mini and QwQ-32B-Preview are closely matched at 10.1 and 9.1 on the LLM Stats Score. QwQ-32B-Preview is 32.3x cheaper per token.

OpenAI · Alibaba Cloud / Qwen Team · Updated for 2026

Which is better?

o1-mini and QwQ-32B-Preview are closely matched on the overall LLM Stats Score at 10.1 and 9.1.

In the 2 individual benchmarks reported for both models, QwQ-32B-Preview wins 2; this is a narrower head-to-head signal than the composite indexes.

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.

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

Choose o1-mini

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

Choose QwQ-32B-Preview

  • you value its reported benchmark strengths — it wins 2 of 2 exact shared results
  • 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

At a glance

The differences that matter most.

Core performance indexes
10.1
#264
9.1
#270
10.3
#258
9.4
#260
14.4
#132
4.4
#205
Cost, coverage & limits
Benchmark wins
0 of 2
2 of 2
Input price
$3.00 / M
$0.15 / M
Output price
$12.00 / M
$0.20 / M
Context window
128,000
32,768

Capability indexes

Additional strengths measured across groups of related public benchmarks

1 shared
Index
o1-mini
QwQ-32B-Preview
10.9#246
8.9#254
Conservative TrueSkill rating · higher is betterHow scores work

Individual benchmarks

6 reported for o1-mini · 4 for QwQ-32B-Preview

2 shared

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.

Thu Sep 10 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, 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
Thu Sep 10 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
Thu Sep 10 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

2.0 years ago

QwQ-32B-Preview

Nov 28, 2024

1.8 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

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

FAQ

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

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

o1-mini and QwQ-32B-Preview are closely matched on the LLM Stats Score at 10.1 and 9.1. 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 capability indexes, individual benchmarks, pricing, and limits 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 LLM Stats Score (10.1 vs 9.1), 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.