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Kimi K2 Thinking

Moonshot AI · released November 2025

Kimi K2 Thinking is a Moonshot AI model with a 262K token context window — about 370 pages of text. It reads Text and replies in Text. It can show its reasoning before it answers.

$0.690

input / 1M tokens

$2.88

output / 1M tokens

262K

context — about 370 pages

0.57¢

a client proposal

Pricing

Input
$0.690 per million tokens
Output
$2.88 per million tokens
Cached input
$0.172 per million tokens

Billed from your Alyph wallet. Prices can change when the provider changes theirs — last checked August 9, 2026.

The numbers

Provider
Moonshot AI
Released
November 2025 (2025-11-06)
Context window
262K tokens — about 370 pages
Max output
100K tokens per reply
Input
Text
Output
Text
Reasoning
Shows its thinking before answering

Cost vs Token Amount

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80% Input20% Output
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Kimi K2 Thinking

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What a task costs

2K tokens in · 500 tokens out.

Kimi K2 Thinking

Moonshot AI

0.28¢

for this task

49% input · 51% output

Full pricing →

Your $5 welcome credit covers about 1,774 of these.

Compare Kimi K2 Thinking

Closest in price on a typical task:

Kimi K2 Thinking vs Kimi K2 0905 →Kimi K2 Thinking vs Morph V3 Fast →Kimi K2 Thinking vs Llama 3.1 Euryale 70B v2.2 →Kimi K2 Thinking vs GPT Audio Mini →Any other combination →

Questions, answered

How much does Kimi K2 Thinking cost on Alyph?

Kimi K2 Thinking costs $0.690 per million input tokens and $2.88 per million output tokens on Alyph. A typical task — 5K tokens in, 800 out — works out to about 0.57¢. Billed from your Alyph wallet, with hard spending limits. Prices can change when the provider changes theirs; this page was last checked on August 9, 2026.

What is Kimi K2 Thinking's context window?

262K tokens — about 370 pages. Replies can be up to 100K tokens long.

Can Kimi K2 Thinking read images and files?

Kimi K2 Thinking is text-only. The canvas still serializes uploads into plain text, so you can work with files — but it cannot see images.

Does Kimi K2 Thinking show its reasoning?

Yes. Kimi K2 Thinking can expose its thinking before the final answer, so you can watch how it got there.

Test Kimi K2 Thinking against Kimi K2 0905

One prompt, both models at the same time, the better answer wins. Free to start, with $5 of credit.

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