DeepSeek-V3.1 vs DeepSeek-V3.2 (Thinking): Specs & Benchmark Comparison

CharacteristicDeepSeek-V3.1DeepSeek-V3.2 (Thinking)
CompanyDeepSeekDeepSeek
Release DateJanuary 9, 2025November 30, 2025
Parameters671B685B
MultimodalNoNo
Context (input)164K131K
Context (output)164K66K
Input Price / 1M$0.27$0.28
Output Price / 1M$1.00$0.42
Average Score0.80.9
Benchmarks
GPQA0.80.8
MMLU-Pro0.80.8

Visual Benchmark Comparison

DeepSeek-V3.1
DeepSeek-V3.2 (Thinking)
GPQA0.8 vs 0.8
0.8
0.8
MMLU-Pro0.8 vs 0.8
0.8
0.8

Verdict

DeepSeek-V3.2 (Thinking) leads in 2 out of 4 comparison categories.

Overall Performance

Both models show comparable average scores: DeepSeek-V3.1 — 0.8, DeepSeek-V3.2 (Thinking) — 0.9.

API Cost

DeepSeek-V3.2 (Thinking) is 1.8x cheaper: input $0.28/1M vs $0.27/1M tokens.

Context Window

DeepSeek-V3.1 supports a larger context: 164K vs 131K tokens.

Recency

DeepSeek-V3.2 (Thinking) is newer: released 11/30/2025 vs 1/9/2025.

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Frequently Asked Questions

Which is better for coding — DeepSeek-V3.1 or DeepSeek-V3.2 (Thinking)?
Direct comparison on the SWE-Bench benchmark is not available. We recommend reviewing other metrics on the comparison page.
Which model is cheaper — DeepSeek-V3.1 or DeepSeek-V3.2 (Thinking)?
DeepSeek-V3.1 is cheaper for input: $0.27 per 1M tokens vs $0.28.
Which has a larger context window — DeepSeek-V3.1 or DeepSeek-V3.2 (Thinking)?
DeepSeek-V3.1 supports a larger context: 163,840 tokens vs 131,072.

The DeepSeek-V3.1 and DeepSeek-V3.2 (Thinking) comparison is updated for 2026. Data includes benchmark results, API pricing, context window size and other specifications. For more detailed information, visit the DeepSeek-V3.1 or DeepSeek-V3.2 (Thinking) page. See also the complete list of AI model comparisons.