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Kimi K2 Thinking

moonshotai·moonshotai/kimi-k2-thinking·Deprecated·Open weights·kimi-thinking series
Thinking Kimi model for slower research passes, planning, and hard technical questions

Kimi K2 Thinking by moonshotai is offered by 21 providers on this page. Public prices are shown for 19 of them. Its reference price is $0.60 per 1M input tokens and $2.60 per 1M output tokens. The lowest paid channel is Vercel AI Gateway at $0.47 / $2.00 per 1M, about 1.5× below the reference price.

Artificial Analysis rates it 22 on the Intelligence Index. Against its lowest blended price of $0.853 per 1M, that is roughly 26 index points per dollar, which is the value ratio the leaderboards rank on. Median output speed is 158 tokens per second, with 1.32s to the first token.

The context window is 262,144 tokens at the reference host, but hosts report different limits, from 32,768 to 262,144, so the usable window depends on the provider you pick. It supports reasoning, tool use, and structured output. The weights are open, so it can also be self-hosted or served through a gateway of your choice. Providers report the capability flags inconsistently, so verify a specific feature against the host you plan to use. Its training knowledge cuts off at 2024-08.

Specs & pricing

Input / output per 1M tokens
Reference price·Meganova
$0.60 / $2.60
Blended $1.10 · Cache read —
Lowest paid·Vercel AI GatewayCloud
$0.47 / $2.00
Blended $0.85 · 1.5× spread
Context
262,144
Output limit
262,144
Knowledge cutoff
2024-08
Released / updated
2025-11-06 / 2025-11-06
Capabilities
✓ Reasoning✓ Tool use✓ Structured output✓ TemperatureAttachments
⚠ Providers report capability flags inconsistently
Modalities
Text
Weights
Hugging Face

Quality & performanceArtificial Analysis · Intelligence Index v4.3

Intelligence22
Value26
Coding—
Agentic—
Output speed158 tok/s
TTFT1.32 s
Value formulaIQ 22 ÷ min blended $0.853 = 26

Quality is independently evaluated by Artificial Analysis. Speed/latency are model-level medians.

Available at 21 providers19 with public prices

ProviderTierInputOutputCache readCache writeContextOutput limitStatus
Vercel AI GatewayCloud$0.47$2.00$0.14—216,144 ⚠216,144
HeliconeGateway$0.48$2.00——256,000 ⚠—
OpenCode ZenGateway$0.40$2.50$0.40—262,144262,144deprecated
IO.NET
moonshotai/Kimi-K2-Thinking
Cloud$0.55$2.25$0.28$1.1032,768 ⚠4,096
Alibaba (China)First-party$0.57$2.29——262,14416,384
302.AIGateway$0.58$2.30——262,144262,144
NanoGPTGateway$0.60$2.50$0.15—262,14498,304
Kilo GatewayGateway$0.60$2.50——262,144235,929
NovitaAIGateway$0.60$2.50$0.15—262,14498,304
OpenRouterGateway$0.60$2.50——262,144235,929

Sorted by blended price (input×0.75 + output×0.25) asc. The official channel always shows regardless of rank. Whether a gateway's low price is actually usable can't be verified.

Reasoning control

effort = noneeffort = loweffort = mediumeffort = highbudget_tokens ≥ 1 ≤ 32,768Toggle (on / off)

Interleaved thinking (reasoning between tool calls) is declared by 12 of 21 providers.

14 / 21 providers expose no reasoning control (reasoning_options: []).

Your usage cost

1Vercel AI Gateway$154.52
2DevPass (LLM Gateway)$180.20
3Vertex$180.20
4LLM Gateway$180.20
5IO.NET$189.50
6NanoGPT$191.00
The cheapest paid channel is the only channel.

Price historyone sample accumulated per data sync

Input listOutput listMin blended
$2.60$02026-08-052026-09-072026-08-05 · Input list $0.602026-08-06 · Input list $0.602026-08-07 · Input list $0.602026-08-08 · Input list $0.602026-08-09 · Input list $0.602026-08-10 · Input list $0.602026-08-11 · Input list $0.602026-08-12 · Input list $0.602026-08-13 · Input list $0.602026-09-07 · Input list $0.602026-08-05 · Output list $2.502026-08-06 · Output list $2.502026-08-07 · Output list $2.502026-08-08 · Output list $2.502026-08-09 · Output list $2.502026-08-10 · Output list $2.502026-08-11 · Output list $2.502026-08-12 · Output list $2.502026-08-13 · Output list $2.502026-09-07 · Output list $2.602026-08-05 · Min blended $0.852026-08-06 · Min blended $0.852026-08-07 · Min blended $0.852026-08-08 · Min blended $0.852026-08-09 · Min blended $0.852026-08-10 · Min blended $0.852026-08-11 · Min blended $0.852026-08-12 · Min blended $0.852026-08-13 · Min blended $0.852026-09-07 · Min blended $0.85

Benchmark1 items

NameConditionsScoreMetricSource
SWE-Bench Verified—71.3resolvedSource ↗

The same benchmark scores very differently across harness / dataset, so the qualifying conditions must be shown together.

Artificial Analysis evaluations9 items

GPQA Diamond83.8%
Humanity's Last Exam23.8%
MMLU-Pro84.8%
LiveCodeBench85.3%
Terminal-Bench Hard31.1%
AIME 202594.7%
τ²-Bench Telecom93.0%
AA-LCR72.0%
IFBench68.1%

Individual evaluations run by Artificial Analysis, on the same reasoning tier as the intelligence score above. Each benchmark has its own task set and harness, so rows are not comparable with one another. The Intelligence Index above draws on a different, newer set of evaluations.

Related models

Kimi K2 Thinking (Amazon Bedrock)same series$0.60 / $2.50K2-Thinksame series$0.17 / $0.68GLM-5.3-Flashcheaper alternative$0.15 / $0.50DeepSeek V4.1 Flashcheaper alternative$0.15 / $0.60GPT-5.6 Lunacheaper alternative$0.20 / $1.20GPT-5.4 nanocheaper alternative$0.20 / $1.25
Data partly from models.dev (MIT) · Meganova official docs ↗