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Kimi K2 Thinking vs Qwen3.5 397B A17B

Kimi K2 Thinking leads Qwen3.5 397B A17B on the Artificial Analysis Intelligence Index, 22.0 to 21.4, at about the same output price ($2.50 vs $2.34 per million). Updated October 22, 2026; 10 benchmarks have a result for both.

Kimi K2 ThinkingMoonshot AI
Coding
No data
Overall
No data
Output $/M
$2.50
1
Qwen3.5 397B A17BQwen
Coding
No data
Overall
57.1
Output $/M
$2.34
9
vs boards won of 10 shared

Kimi K2 Thinking or Qwen3.5 397B A17B: which to pick

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

Pick Kimi K2 Thinking for work measured by Terminal-Bench Hard (Artificial Analysis run) or ALE-Bench, where it leads.

Shared results
10
Kimi K2 Thinking only
20
Qwen3.5 397B A17B only
55
Like-for-like categories
6 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, Qwen3.5 397B A17B not benchmarked.
Widest category
Web design, 9.6 points apart on average over 1 shared benchmark.
Widest single gap
IFBench: Kimi K2 Thinking 68.1% against Qwen3.5 397B A17B 78.8%, 10.7 points apart on a 0 to 100 scale.
Output price
Kimi K2 Thinking $2.50 against Qwen3.5 397B A17B $2.34 per million output tokens, 1.1x apart.
Context window
Both take 262K tokens.

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 ThinkingBarsQwen3.5 397B A17BTies
Coding02
Intelligence11
Agentic work01
Reasoning02
Web design01
General02
All shared boards19
CodingLike-for-likeSix of these boards feed the Vibe Coding Index02
Coding benchmarks for Kimi K2 Thinking and Qwen3.5 397B A17B
BenchmarkKimi K2 ThinkingQwen3.5 397B A17BLeader
SWE-bench Verified63.4%Not measuredOnly Kimi K2 Thinking measured
LMArena WebDevNot measured1400Only Qwen3.5 397B A17B 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%Not measuredOnly Kimi K2 Thinking measured
SciCodeNot measured44.8%Only Qwen3.5 397B A17B measured
Terminal-Bench Hard (Artificial Analysis run)31.1%40.9%Qwen3.5 397B A17B
Terminal-Bench35.7%Not measuredOnly Kimi K2 Thinking measured
WeirdML42.8%Not measuredOnly Kimi K2 Thinking measured
ALE-Bench597.5621.9Qwen3.5 397B A17B
LMArena Text: codingNot measured1464Only Qwen3.5 397B A17B measured
LMArena Text: software and ITNot measured1463Only Qwen3.5 397B A17B measured
LMArena WebDev: ReactNot measured1388Only Qwen3.5 397B A17B measured
LMArena WebDev: HTMLNot measured1410Only Qwen3.5 397B A17B measured
Neither model has a result on the other 25 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index11
Intelligence benchmarks for Kimi K2 Thinking and Qwen3.5 397B A17B
BenchmarkKimi K2 ThinkingQwen3.5 397B A17BLeader
AA Intelligence Index22.021.4Kimi K2 Thinking
Epoch Capabilities Index145.8146.8Qwen3.5 397B A17B
Agentic workLike-for-likePublic boards, shown as published, kept out of the index01
Agentic work benchmarks for Kimi K2 Thinking and Qwen3.5 397B A17B
BenchmarkKimi K2 ThinkingQwen3.5 397B A17BLeader
τ²-Bench Telecom93.0%95.6%Qwen3.5 397B A17B
APEX-AgentsNot measured24.9%Only Qwen3.5 397B A17B measured
METR time horizons59.2%Not measuredOnly Kimi K2 Thinking measured
Neither model has a result on the other 38 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index02
Reasoning benchmarks for Kimi K2 Thinking and Qwen3.5 397B A17B
BenchmarkKimi K2 ThinkingQwen3.5 397B A17BLeader
GPQA Diamond78.5%Not measuredOnly Kimi K2 Thinking measured
GPQA Diamond (Artificial Analysis run)83.8%89.3%Qwen3.5 397B A17B
Humanity's Last Exam (Artificial Analysis run)23.8%29.0%Qwen3.5 397B A17B
GPQA Diamond (Epoch AI run)Not measured86.4%Only Qwen3.5 397B A17B measured
Mystery game puzzlesNot measured18.0%Only Qwen3.5 397B A17B measured
LMArena Text: hard promptsNot measured1448Only Qwen3.5 397B A17B measured
LMArena Text: expertNot measured1462Only Qwen3.5 397B A17B measured
LMArena Text: hard prompts in EnglishNot measured1450Only Qwen3.5 397B A17B measured
LMArena Vision: diagramsNot measured1277Only Qwen3.5 397B A17B measured
LMArena Vision: homeworkNot measured1292Only Qwen3.5 397B A17B measured
Neither model has a result on the other 12 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index8 boards, none shared
Math benchmarks for Kimi K2 Thinking and Qwen3.5 397B A17B
BenchmarkKimi K2 ThinkingQwen3.5 397B A17BLeader
AIME85.4%Not measuredOnly Kimi K2 Thinking measured
MGSM (Vals AI)90.2%Not measuredOnly Kimi K2 Thinking measured
AA Math Index94.7Not measuredOnly Kimi K2 Thinking measured
AIME 2025 (Artificial Analysis run)94.7%Not measuredOnly Kimi K2 Thinking measured
OTIS Mock AIMENot measured88.9%Only Qwen3.5 397B A17B measured
FrontierMath, tiers 1 to 3Not measured31.2%Only Qwen3.5 397B A17B measured
LMArena Text: mathNot measured1453Only Qwen3.5 397B A17B measured
LMArena Text: mathematical workNot measured1454Only Qwen3.5 397B A17B measured
Neither model has a result on the other 5 boards here
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index11 boards, none shared
Knowledge benchmarks for Kimi K2 Thinking and Qwen3.5 397B A17B
BenchmarkKimi K2 ThinkingQwen3.5 397B A17BLeader
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%Not measuredOnly Kimi K2 Thinking measured
LMArena Text: scienceNot measured1457Only Qwen3.5 397B A17B measured
LMArena Text: medicine and healthcareNot measured1455Only Qwen3.5 397B A17B measured
LMArena Text: legal and governmentNot measured1441Only Qwen3.5 397B A17B measured
LMArena Text: business and financeNot measured1435Only Qwen3.5 397B A17B measured
Neither model has a result on the other 7 boards here
Web designLike-for-likePublic boards, shown as published, kept out of the index01
Web design benchmarks for Kimi K2 Thinking and Qwen3.5 397B A17B
BenchmarkKimi K2 ThinkingQwen3.5 397B A17BLeader
Design Arena: websites11131190Qwen3.5 397B A17B
Design Arena: UI componentsNot measured1160Only Qwen3.5 397B A17B measured
Design Arena: game devNot measured1140Only Qwen3.5 397B A17B measured
Design Arena: data vizNot measured1175Only Qwen3.5 397B A17B measured
Design Arena: 3DNot measured1160Only Qwen3.5 397B A17B measured
Design Arena: all code categoriesNot measured1179Only Qwen3.5 397B A17B measured
Design Arena: SVGNot measured1139Only Qwen3.5 397B A17B measured
Neither model has a result on the other 2 boards here
GeneralLike-for-likePublic boards, shown as published, kept out of the index02
General benchmarks for Kimi K2 Thinking and Qwen3.5 397B A17B
BenchmarkKimi K2 ThinkingQwen3.5 397B A17BLeader
IFBench68.1%78.8%Qwen3.5 397B A17B
Long context reasoning (AA-LCR)72.0%77.3%Qwen3.5 397B A17B
DTBenchNot measured87.5%Only Qwen3.5 397B A17B measured
LMCANot measured37.9%Only Qwen3.5 397B A17B measured
CL-bench17.6%Not measuredOnly Kimi K2 Thinking measured
LMArena TextNot measured1437Only Qwen3.5 397B A17B measured
LMArena Text: instruction followingNot measured1424Only Qwen3.5 397B A17B measured
LMArena Text: creative writingNot measured1402Only Qwen3.5 397B A17B measured
LMArena VisionNot measured1262Only Qwen3.5 397B A17B measured
LMArena Text: EnglishNot measured1443Only Qwen3.5 397B A17B measured
LMArena Text: non-EnglishNot measured1430Only Qwen3.5 397B A17B measured
LMArena Text: ChineseNot measured1498Only Qwen3.5 397B A17B measured
LMArena Text: GermanNot measured1445Only Qwen3.5 397B A17B measured
LMArena Text: JapaneseNot measured1429Only Qwen3.5 397B A17B measured
LMArena Text: KoreanNot measured1384Only Qwen3.5 397B A17B measured
LMArena Text: FrenchNot measured1462Only Qwen3.5 397B A17B measured
LMArena Text: SpanishNot measured1441Only Qwen3.5 397B A17B measured
LMArena Text: RussianNot measured1430Only Qwen3.5 397B A17B measured
LMArena Text: PolishNot measured1447Only Qwen3.5 397B A17B measured
LMArena Text: multi-turnNot measured1446Only Qwen3.5 397B A17B measured
LMArena Text: longer queriesNot measured1441Only Qwen3.5 397B A17B measured
LMArena Text: writing and languageNot measured1415Only Qwen3.5 397B A17B measured
LMArena Text: entertainment and mediaNot measured1399Only Qwen3.5 397B A17B measured
LMArena Vision: EnglishNot measured1268Only Qwen3.5 397B A17B measured
LMArena Vision: ChineseNot measured1314Only Qwen3.5 397B A17B measured
LMArena Vision: reading textNot measured1271Only Qwen3.5 397B A17B measured
LMArena Vision: humorNot measured1262Only Qwen3.5 397B A17B measured
LMArena Vision: captioningNot measured1230Only Qwen3.5 397B A17B measured
LMArena Vision: recognizing thingsNot measured1265Only Qwen3.5 397B A17B measured
LMArena Vision: creative writingNot measured1260Only Qwen3.5 397B A17B measured
Neither model has a result on the other 16 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 Qwen3.5 397B A17B
BenchmarkKimi K2 ThinkingQwen3.5 397B A17BLeader
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
Qwen3.5 397B A17B$0.0016Fits in one request

Qwen3.5 397B A17B costs less

Repository review

50K input + 3K output tokens

Kimi K2 Thinking$0.037Fits in one request
Qwen3.5 397B A17B$0.027Fits in one request

Qwen3.5 397B A17B costs less

Agent loop

200K input + 10K output tokens

Kimi K2 Thinking$0.145Fits in one request
Qwen3.5 397B A17B$0.101Fits in one request

Qwen3.5 397B A17B 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 Qwen3.5 397B A17B
SpecificationMoonshotAI Kimi K2 ThinkingQwen3.5 397B A17B
MakerMoonshot AIQwen
WeightsOpen weightsOpen weights
ReleasedNovember 6, 2025February 16, 2026
Context window262K262K
Input $/Mtok$0.60$0.39
Output $/Mtok$2.50$2.34
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it11
Cost per solved task$0.61Not computable
SourceOpenRouter listingOpenRouter listing

Questions

Is Kimi K2 Thinking better than Qwen3.5 397B A17B for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Pick Kimi K2 Thinking for work measured by Terminal-Bench Hard (Artificial Analysis run) or ALE-Bench, where it leads.

Which is cheaper, Kimi K2 Thinking or Qwen3.5 397B A17B?

Kimi K2 Thinking costs $0.60 per million input tokens and $2.50 per million output tokens; Qwen3.5 397B A17B costs $0.39 and $2.34. Cost per solved task is known for Kimi K2 Thinking only.

Which has the bigger context window, Kimi K2 Thinking or Qwen3.5 397B A17B?

Neither: both take 262K tokens.

How many benchmarks is the Kimi K2 Thinking vs Qwen3.5 397B A17B comparison based on?

10 benchmarks have a result for both models as of October 22, 2026. Kimi K2 Thinking's coding index rests on 1 independent benchmark and Qwen3.5 397B A17B's on 1. Where only one model has a result, the page says so instead of naming a winner.

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