Kimi K2 Thinking: API pricing, context window and capabilities

Prices from official vendor price lists · October 2026

Kimi K2 Thinking costs $0.6 per 1M input tokens and $2.5 per 1M output tokens, with a 262.1K context window. Mid-priced: dearer than 55% of this rating, with Kimi K2.5 as the nearest cheaper Moonshot AI option. Recorded for reasoning, open weights.

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Capabilities

API $/1M (in / out)

$0.6 / $2.5

Context window

262.1K tokens

Price / mo

API only

Overview Reviews

Kimi K2 Thinking is an AI model from Moonshot AI, priced at $0.6 input and $2.5 output per 1M tokens. That places it in the mid tier of this rating — dearer than 55% of the 205 priced models listed.

It holds 262.1K tokens in a single conversation. Capabilities recorded in this rating: text & chat, reasoning, tool calling, structured JSON output, prompt caching. Access is through the API rather than a consumer subscription.

API price$0.6 / $2.5per 1M tokens, in / out

Context262.1K tokenstokens per conversation

VendorMoonshot AIall models from this vendor

TierMiddearer than 55% of models

Cost calculator

1M tokens/mo10M tokens/mo50M tokens/mo200M tokens/mo

Standard$2.02~~AED 7 per month~~

With batch −50%$1.01~~AED 4 per month~~

With caching on input$1.89~~AED 7 per month~~

Standard$20.25~~AED 74 per month~~

With batch −50%$10.13~~AED 37 per month~~

With caching on input$18.90~~AED 69 per month~~

Standard$101~~AED 372 per month~~

With batch −50%$50.63~~AED 186 per month~~

With caching on input$94.50~~AED 347 per month~~

Standard$405~~AED 1,487 per month~~

With batch −50%$203~~AED 744 per month~~

With caching on input$378~~AED 1,388 per month~~

Assumes a 1:3 input-to-output ratio, which is typical for chat and generation. Dirham figures use 3.6725 per dollar. Batch and caching discounts apply where the vendor offers them.

Compared with alternatives

How Kimi K2 Thinking sits against its neighbours in this rating. Tap a card to open that model.

Qwen3.5-122B-A10B

Cheaper

Alibaba (Qwen)

$0.29 / $2.4262.1K tokens

Grok 4.3

Closest match

xAI

$1.25 / $2.51M tokens

Good and poor fit

Good fit

Multi-step analysis, planning and code review, where the first plausible answer is often wrong.
General text generation and conversation across languages.

Poor fit

Anything requiring image input — this model does not accept it.

Related filters

Text & chat234 models for text generation and chat

Reasoning175 models that think before answering

Tool calling172 models that call your functions

Prompt caching153 models with cheap repeated context

Batch API146 models with half-price async processing

Moonshot AI5 models from this vendor

All 245 modelsThe full rating with filters and prices

Frequently asked questions

How much does Kimi K2 Thinking cost?

$0.6 / $2.5 per 1M tokens, input and output. In dirhams that is roughly AED 2.20 per 1M input tokens. Batch processing halves it where the vendor offers it.

What is the context window of Kimi K2 Thinking?

262.1K tokens in a single conversation.

What can Kimi K2 Thinking do?

In this rating it is recorded with: text & chat, reasoning, tool calling, structured JSON output, prompt caching, batch API, multilingual, open weights.

Is Kimi K2 Thinking a good choice?

It depends on the job. See the good-fit and poor-fit lists above, and compare against the neighbouring models before committing.

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