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Kimi K2 Thinking vs Qwen2.5 72B Instruct

Kimi K2 Thinking leads Qwen2.5 72B Instruct on the Artificial Analysis Intelligence Index, 22.0 to 7.7, and Qwen2.5 72B Instruct costs 6.3x less per output token ($0.40 vs $2.50 per million). Updated October 21, 2026; 13 benchmarks have a result for both.

Kimi K2 ThinkingMoonshot AI
Coding
No data
Overall
No data
Output $/M
$2.50
13
Qwen2.5 72B InstructQwen
Coding
No data
Overall
26.5
Output $/M
$0.40
0
vs boards won of 13 shared

Kimi K2 Thinking or Qwen2.5 72B Instruct: which to pick

Neither model has a coding score yet, so the two cannot be ranked on coding.

Pick Kimi K2 Thinking for a larger context window (262K against 33K tokens).

Shared results
13
Kimi K2 Thinking only
17
Qwen2.5 72B Instruct only
40
Like-for-like categories
7 of 9

Only benchmarks that tested both models count toward a pick; a result only one model has is shown but not compared.

Which one for your work

Each card is decided by one number both models carry. Where only one has it, the card says so and makes no call.

At a glance

Coding index
Kimi K2 Thinking not benchmarked, Qwen2.5 72B Instruct not benchmarked.
Widest category
Math, 80.7 points apart on average over 2 shared benchmarks.
Widest single gap
AA Math Index: Kimi K2 Thinking 94.7 against Qwen2.5 72B Instruct 14.0, 80.7 points apart on a 0 to 100 scale.
Output price
Kimi K2 Thinking $2.50 against Qwen2.5 72B Instruct $0.40 per million output tokens, 6.3x apart.
Context window
Kimi K2 Thinking takes 262K tokens, Qwen2.5 72B Instruct 33K.

Benchmark by benchmark

First the score: boards each model leads, per category, where both have a result. Then every board, a category to a fold; bars are each result on a 0 to 100 scale, so compare the two in a row, not one row with another.

Boards won, where both have a result
CategoryKimi K2 ThinkingBarsQwen2.5 72B InstructTies
Coding30
Intelligence20
Agentic work20
Reasoning20
Math20
Knowledge10
General10
All shared boards130
CodingLike-for-likeSix of these boards feed the Vibe Coding Index30
Coding benchmarks for Kimi K2 Thinking and Qwen2.5 72B Instruct
BenchmarkKimi K2 ThinkingQwen2.5 72B InstructLeader
SWE-bench Verified63.4%Not measuredOnly Kimi K2 Thinking measured
LiveCodeBench (Vals AI)63.1%Not measuredOnly Kimi K2 Thinking measured
SWE-bench Verified (Vals AI)60.2%Not measuredOnly Kimi K2 Thinking measured
LiveCodeBench (Artificial Analysis run)85.3%27.6%Kimi K2 Thinking
Terminal-Bench Hard (Artificial Analysis run)31.1%4.5%Kimi K2 Thinking
Terminal-Bench35.7%Not measuredOnly Kimi K2 Thinking measured
WeirdML42.8%16.0%Kimi K2 Thinking
ALE-Bench597.5Not measuredOnly Kimi K2 Thinking measured
LMArena Text: codingNot measured1292Only Qwen2.5 72B Instruct measured
LMArena Text: software and ITNot measured1292Only Qwen2.5 72B Instruct measured
Neither model has a result on the other 29 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index20
Intelligence benchmarks for Kimi K2 Thinking and Qwen2.5 72B Instruct
BenchmarkKimi K2 ThinkingQwen2.5 72B InstructLeader
AA Intelligence Index22.07.7Kimi K2 Thinking
Epoch Capabilities Index145.8129.0Kimi K2 Thinking
Agentic workLike-for-likePublic boards, shown as published, kept out of the index20
Agentic work benchmarks for Kimi K2 Thinking and Qwen2.5 72B Instruct
BenchmarkKimi K2 ThinkingQwen2.5 72B InstructLeader
τ²-Bench Telecom93.0%34.5%Kimi K2 Thinking
METR time horizons59.2%35.8%Kimi K2 Thinking
BALROGNot measured16.2%Only Qwen2.5 72B Instruct measured
TheAgentCompanyNot measured5.7%Only Qwen2.5 72B Instruct measured
Neither model has a result on the other 37 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index20
Reasoning benchmarks for Kimi K2 Thinking and Qwen2.5 72B Instruct
BenchmarkKimi K2 ThinkingQwen2.5 72B InstructLeader
GPQA Diamond78.5%Not measuredOnly Kimi K2 Thinking measured
GPQA Diamond (Artificial Analysis run)83.8%49.1%Kimi K2 Thinking
Humanity's Last Exam (Artificial Analysis run)23.8%3.6%Kimi K2 Thinking
GPQA Diamond (Epoch AI run)Not measured49.1%Only Qwen2.5 72B Instruct measured
BIG-Bench HardNot measured79.8%Only Qwen2.5 72B Instruct measured
LMArena Text: hard promptsNot measured1271Only Qwen2.5 72B Instruct measured
LMArena Text: expertNot measured1245Only Qwen2.5 72B Instruct measured
LMArena Text: hard prompts in EnglishNot measured1279Only Qwen2.5 72B Instruct measured
Neither model has a result on the other 14 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index20
Math benchmarks for Kimi K2 Thinking and Qwen2.5 72B Instruct
BenchmarkKimi K2 ThinkingQwen2.5 72B InstructLeader
AIME85.4%Not measuredOnly Kimi K2 Thinking measured
MGSM (Vals AI)90.2%Not measuredOnly Kimi K2 Thinking measured
AA Math Index94.714.0Kimi K2 Thinking
AIME 2025 (Artificial Analysis run)94.7%14.0%Kimi K2 Thinking
OTIS Mock AIMENot measured8.1%Only Qwen2.5 72B Instruct measured
MATH level 5Not measured63.2%Only Qwen2.5 72B Instruct measured
LMArena Text: mathNot measured1283Only Qwen2.5 72B Instruct measured
LMArena Text: mathematical workNot measured1290Only Qwen2.5 72B Instruct measured
Neither model has a result on the other 5 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index10
Knowledge benchmarks for Kimi K2 Thinking and Qwen2.5 72B Instruct
BenchmarkKimi K2 ThinkingQwen2.5 72B InstructLeader
MMLU Pro81.1%Not measuredOnly Kimi K2 Thinking measured
LegalBench (Vals AI)80.2%Not measuredOnly Kimi K2 Thinking measured
CaseLaw (Vals AI)65.7%Not measuredOnly Kimi K2 Thinking measured
CorpFin (Vals AI)60.6%Not measuredOnly Kimi K2 Thinking measured
TaxEval (Vals AI)71.7%Not measuredOnly Kimi K2 Thinking measured
MedQA (Vals AI)92.6%Not measuredOnly Kimi K2 Thinking measured
MMLU Pro (Artificial Analysis run)84.8%72.0%Kimi K2 Thinking
MMLUNot measured85.3%Only Qwen2.5 72B Instruct measured
AI2 Reasoning ChallengeNot measured94.5%Only Qwen2.5 72B Instruct measured
LMArena Text: scienceNot measured1275Only Qwen2.5 72B Instruct measured
LMArena Text: medicine and healthcareNot measured1258Only Qwen2.5 72B Instruct measured
LMArena Text: legal and governmentNot measured1288Only Qwen2.5 72B Instruct measured
LMArena Text: business and financeNot measured1253Only Qwen2.5 72B Instruct measured
Neither model has a result on the other 5 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index1 board, none shared
Web design benchmarks for Kimi K2 Thinking and Qwen2.5 72B Instruct
BenchmarkKimi K2 ThinkingQwen2.5 72B InstructLeader
Design Arena: websites1113Not measuredOnly Kimi K2 Thinking measured
Neither model has a result on the other 8 boards here
GeneralLike-for-likePublic boards, shown as published, kept out of the index10
General benchmarks for Kimi K2 Thinking and Qwen2.5 72B Instruct
BenchmarkKimi K2 ThinkingQwen2.5 72B InstructLeader
IFBench68.1%36.9%Kimi K2 Thinking
Long context reasoning (AA-LCR)72.0%Not measuredOnly Kimi K2 Thinking measured
DTBenchNot measured62.9%Only Qwen2.5 72B Instruct measured
LMCANot measured13.4%Only Qwen2.5 72B Instruct measured
CL-bench17.6%Not measuredOnly Kimi K2 Thinking measured
HellaSwagNot measured84.8%Only Qwen2.5 72B Instruct measured
WinoGrandeNot measured82.3%Only Qwen2.5 72B Instruct measured
PIQANot measured82.6%Only Qwen2.5 72B Instruct measured
LMArena TextNot measured1269Only Qwen2.5 72B Instruct measured
LMArena Text: instruction followingNot measured1254Only Qwen2.5 72B Instruct measured
LMArena Text: creative writingNot measured1221Only Qwen2.5 72B Instruct measured
LMArena Text: EnglishNot measured1283Only Qwen2.5 72B Instruct measured
LMArena Text: non-EnglishNot measured1252Only Qwen2.5 72B Instruct measured
LMArena Text: ChineseNot measured1273Only Qwen2.5 72B Instruct measured
LMArena Text: GermanNot measured1234Only Qwen2.5 72B Instruct measured
LMArena Text: JapaneseNot measured1180Only Qwen2.5 72B Instruct measured
LMArena Text: KoreanNot measured1188Only Qwen2.5 72B Instruct measured
LMArena Text: FrenchNot measured1280Only Qwen2.5 72B Instruct measured
LMArena Text: SpanishNot measured1255Only Qwen2.5 72B Instruct measured
LMArena Text: RussianNot measured1264Only Qwen2.5 72B Instruct measured
LMArena Text: multi-turnNot measured1272Only Qwen2.5 72B Instruct measured
LMArena Text: longer queriesNot measured1281Only Qwen2.5 72B Instruct measured
LMArena Text: writing and languageNot measured1247Only Qwen2.5 72B Instruct measured
LMArena Text: entertainment and mediaNot measured1211Only Qwen2.5 72B Instruct measured
Neither model has a result on the other 22 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for Kimi K2 Thinking and Qwen2.5 72B Instruct
BenchmarkKimi K2 ThinkingQwen2.5 72B InstructLeader
Neither model has a result on 5 boards here

What each workload costs

Three fixed token mixes at each model's listed price, so per-token rates become a bill.

Chat turn

1K input + 500 output tokens

Kimi K2 Thinking$0.0019Fits in one request
Qwen2.5 72B Instruct$0.0006Fits in one request

Qwen2.5 72B Instruct costs less

Repository review

50K input + 3K output tokens

Kimi K2 Thinking$0.037Fits in one request
Qwen2.5 72B Instruct$0.019Exceeds the context window

Qwen2.5 72B Instruct costs less

Agent loop

200K input + 10K output tokens

Kimi K2 Thinking$0.145Fits in one request
Qwen2.5 72B Instruct$0.076Exceeds the context window

Qwen2.5 72B Instruct costs less

Listed OpenRouter rates, without cache or batch discounts. A workload that does not fit a model's context window would need splitting.

Specification differences

The leading value in a row is marked; a row with a missing value names no leader. Our two rows are marked in red.

Specifications of Kimi K2 Thinking and Qwen2.5 72B Instruct
SpecificationMoonshotAI Kimi K2 ThinkingQwen2.5 72B Instruct
MakerMoonshot AIQwen
WeightsOpen weightsOpen weights
ReleasedNovember 6, 2025September 19, 2024
Context window262K33K
Input $/Mtok$0.60$0.36
Output $/Mtok$2.50$0.40
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it10
Cost per solved task$0.61Not computable
SourceOpenRouter listingOpenRouter listing

Questions

Is Kimi K2 Thinking better than Qwen2.5 72B Instruct for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Pick Kimi K2 Thinking for a larger context window (262K against 33K tokens).

Which is cheaper, Kimi K2 Thinking or Qwen2.5 72B Instruct?

Kimi K2 Thinking costs $0.60 per million input tokens and $2.50 per million output tokens; Qwen2.5 72B Instruct costs $0.36 and $0.40. Cost per solved task is known for Kimi K2 Thinking only.

Which has the bigger context window, Kimi K2 Thinking or Qwen2.5 72B Instruct?

Kimi K2 Thinking, with 262K tokens against 33K.

How many benchmarks is the Kimi K2 Thinking vs Qwen2.5 72B Instruct comparison based on?

13 benchmarks have a result for both models as of October 21, 2026. Kimi K2 Thinking's coding index rests on 1 independent benchmark and Qwen2.5 72B Instruct's on 0. Where only one model has a result, the page says so instead of naming a winner.

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