AI model comparison

Kimi K2.5 vs Kimi K2 Thinking

Pricing, context window, benchmarks, and features compared side by side. Or skip the guesswork and send one prompt to both.

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Moonshot AI

Kimi K2.5

Kimi K2.5 is Moonshot AI's native multimodal model, delivering state-of-the-art visual coding capability and a self-directed agent swarm paradigm.

Input / 1M
$0.45
Output / 1M
$2.25
Context
262K
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Moonshot AI

Kimi K2 Thinking

Kimi K2 Thinking is Moonshot AI’s most advanced open reasoning model to date, extending the K2 series into agentic, long-horizon reasoning.

Input / 1M
$0.60
Output / 1M
$2.50
Context
262K

At a glance

Quick verdict

How the two models stack up on the things people ask about most.

Lower price

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Kimi K2.5

1.2x cheaper for a typical chat

Higher intelligence score

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Kimi K2.5

23.5 vs 22 on Artificial Analysis

Larger context window

Tie

262K vs 262K tokens

Newer release

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Kimi K2.5

Released January 27, 2026

Benchmarks

Benchmark scores

Independent scores from Artificial Analysis. Higher is better.

Intelligence index

moonshotai logoKimi K2.523.5
moonshotai logoKimi K2 Thinking22

Coding index

moonshotai logoKimi K2.546.8
moonshotai logoKimi K2 ThinkingNot available

Agentic index

moonshotai logoKimi K2.5Not available
moonshotai logoKimi K2 ThinkingNot available

Pricing

Kimi K2.5 vs Kimi K2 Thinking API pricing

Per-token API rates. Cheaper option highlighted.

Metricmoonshotai logoKimi K2.5moonshotai logoKimi K2 Thinking
Input tokensPer 1M tokens$0.45$0.60
Output tokensPer 1M tokens$2.25$2.50
Cached input (read)Per 1M tokens$0.07$0.15
Cache writePer 1M tokensNot availableNot available

What it costs in practice

Estimated cost per 1,000 requests at standard rates. Coding and long-document figures also show the cost when the input is already cached.

Chat message

2K in, 500 out

moonshotai logoKimi K2.5$2.03
moonshotai logoKimi K2 Thinking$2.45

Coding task

30K in, 4K out

moonshotai logoKimi K2.5$22.50$11.10 cached
moonshotai logoKimi K2 Thinking$28$14.50 cached

Long document summary

150K in, 2K out

moonshotai logoKimi K2.5$72$15 cached
moonshotai logoKimi K2 Thinking$95$27.50 cached

Specs

Context window and capabilities

How much each model can read, how much it can write, and what it accepts as input.

Metricmoonshotai logoKimi K2.5moonshotai logoKimi K2 Thinking
Context window262K tokens262K tokens
Max output236K tokens98K tokens
Input typesImage, TextText
Output typesTextText
Reasoning effort levelsNot availableNot available
Default reasoning effortNot availableNot available
Release dateJanuary 27, 2026November 6, 2025

Features

Supported features

API features available for each model.

Metricmoonshotai logoKimi K2.5moonshotai logoKimi K2 Thinking
Tool callingSupportedSupported
Structured outputsSupportedSupported
JSON modeSupportedSupported
ReasoningSupportedSupported
TemperatureSupportedSupported
Stop sequencesSupportedSupported
Deterministic seedSupportedSupported
Verbosity controlNot supportedNot supported

Our take

Kimi K2.5 is 1.2x cheaper for a typical chat. Kimi K2.5 scores higher on the Artificial Analysis Intelligence Index (23.5 vs 22). The right pick depends on your workload, so the quickest way to settle it is to send the same prompt to both and compare.

FAQ

Frequently asked questions

Is Kimi K2.5 or Kimi K2 Thinking cheaper?

Kimi K2.5 is cheaper for a typical chat (2K input tokens and 500 output tokens). Kimi K2.5 costs $0.45 per 1M input tokens and $2.25 per 1M output tokens, while Kimi K2 Thinking costs $0.60 per 1M input tokens and $2.50 per 1M output tokens.

Which has a bigger context window, Kimi K2.5 or Kimi K2 Thinking?

Kimi K2.5 supports up to 262K tokens of context, compared with 262K for Kimi K2 Thinking.

Is Kimi K2.5 smarter than Kimi K2 Thinking?

On the Artificial Analysis Intelligence Index, Kimi K2.5 scores 23.5 and Kimi K2 Thinking scores 22, putting Kimi K2.5 ahead. Benchmarks don't capture everything, so the best test is running your own prompts through both.

Can I use Kimi K2.5 and Kimi K2 Thinking at the same time?

Yes. Shortcut Chat sends one prompt to multiple models at once, so you can see Kimi K2.5 and Kimi K2 Thinking answer side by side and keep the better response.

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Why choose? Ask both.

Send one prompt to Kimi K2.5 and Kimi K2 Thinking at the same time. Compare the answers side by side and keep the best one.