DeepSeek-V3.2 (Thinking) vs Kimi K2 0905: Specs & Benchmark Comparison

CharacteristicDeepSeek-V3.2 (Thinking)Kimi K2 0905
CompanyDeepSeekMoonshot AI
Release DateNovember 30, 2025September 5, 2025
Parameters685B1.0T
MultimodalNoNo
Context (input)131K262K
Context (output)66K262K
Input Price / 1M$0.28$0.60
Output Price / 1M$0.42$2.50
Average Score0.90.8
Benchmarks
GPQA0.80.8
MMLU-Pro0.80.8

Visual Benchmark Comparison

DeepSeek-V3.2 (Thinking)
Kimi K2 0905
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-V3.2 (Thinking) — 0.9, Kimi K2 0905 — 0.8.

API Cost

DeepSeek-V3.2 (Thinking) is 4.4x cheaper: input $0.28/1M vs $0.60/1M tokens.

Context Window

Kimi K2 0905 supports a larger context: 262K vs 131K tokens.

Recency

DeepSeek-V3.2 (Thinking) is newer: released 11/30/2025 vs 9/5/2025.

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Frequently Asked Questions

Which is better for coding — DeepSeek-V3.2 (Thinking) or Kimi K2 0905?
Direct comparison on the SWE-Bench benchmark is not available. We recommend reviewing other metrics on the comparison page.
Which model is cheaper — DeepSeek-V3.2 (Thinking) or Kimi K2 0905?
DeepSeek-V3.2 (Thinking) is cheaper for input: $0.28 per 1M tokens vs $0.60.
Which has a larger context window — DeepSeek-V3.2 (Thinking) or Kimi K2 0905?
Kimi K2 0905 supports a larger context: 262,144 tokens vs 131,072.

The DeepSeek-V3.2 (Thinking) and Kimi K2 0905 comparison is updated for 2026. Data includes benchmark results, API pricing, context window size and other specifications. For more detailed information, visit the DeepSeek-V3.2 (Thinking) or Kimi K2 0905 page. See also the complete list of AI model comparisons.