Kimi K2-Thinking-0905 vs Magistral Medium

    Comparison

    As of August 20, 2026, Kimi K2-Thinking-0905 is 65% cheaper per million tokens than Magistral Medium. Kimi K2-Thinking-0905 is $0.47 / $2.00 per million input/output tokens versus Magistral Medium at $2.00 / $5.00. Sources: https://platform.kimi.com/docs/pricing/chat and https://anotherwrapper.com/tools/llm-pricing

    Sources: Moonshot AI pricing (https://platform.kimi.com/docs/pricing/chat); AnotherWrapper LLM pricing (https://anotherwrapper.com/tools/llm-pricing)

    Better value

    Kimi K2-Thinking-0905

    Moonshot AI

    $2.47blended / 1M

    Input

    $0.47

    Output

    $2.00

    262.1K ctx|Open Source
    65%
    cheaper

    Magistral Medium

    Mistral

    $7.00blended / 1M

    Input

    $2.00

    Output

    $5.00

    40K ctx|Open Source
    Save $4.53 per million tokens by choosing Kimi K2-Thinking-0905 over Magistral Medium.

    Kimi K2-Thinking-0905 vs Magistral Medium comparison

    Token pricing, specs, and benchmarks side by side

    Metric
    Kimi K2-Thinking-0905
    Magistral Medium
    Provider
    Provider
    Moonshot AI
    Mistral
    License
    Open Source
    Open Source
    Release Date
    2025-09-05
    2025-06-10
    Pricing (per 1M tokens)
    Input Price-77%
    $0.47
    $2.00
    Output Price-60%
    $2.00
    $5.00
    Blended (1M + 1M)
    $2.47
    $7.00
    Model Details
    Context Window
    262.1K
    40K
    Max Output Tokens
    262.1K
    N/A
    Knowledge Cutoff
    N/A
    2025-06-01
    Throughput
    N/A
    N/A
    Benchmarks
    51%
    9%
    84.5%
    70.8%
    44.8%
    60.2%
    100%
    64.9%
    73.6%
    73.6%
    87%
    97.5%
    84.6%
    94.4%
    48.7%
    56.3%
    73.8%
    Benchmark Wins
    Kimi K2-Thinking-0905 3|0 Magistral Medium

    Verdict

    Kimi K2-Thinking-0905 vs Magistral Medium: the bottom line

    Kimi K2-Thinking-0905 offers both lower pricing and stronger benchmark performance across the board, making it the clear value leader in this comparison.

    Kimi K2-Thinking-0905 vs Magistral Medium FAQ

    Which is cheaper, Kimi K2-Thinking-0905 or Magistral Medium?

    As of August 20, 2026, Kimi K2-Thinking-0905 is 65% cheaper on blended LLM API pricing. Kimi K2-Thinking-0905 costs $0.47 per million input tokens and $2.00 per million output tokens ($2.47 blended 1M-in + 1M-out). Magistral Medium costs $2.00 / $5.00 per million tokens ($7.00 blended). Sources: https://platform.kimi.com/docs/pricing/chat and https://anotherwrapper.com/tools/llm-pricing. The cheapest LLM for your app still depends on how many output tokens you generate.

    How much does Kimi K2-Thinking-0905 vs Magistral Medium cost per million tokens?

    Kimi K2-Thinking-0905 Moonshot AI API pricing is $0.47 input and $2.00 output per million tokens via Moonshot AI. Magistral Medium Mistral API pricing is $2.00 input and $5.00 output per million tokens via Mistral AI. Use those four numbers, not ChatGPT Plus or Claude Pro subscription prices, when you are comparing APIs.

    Which is better for coding, Kimi K2-Thinking-0905 or Magistral Medium?

    Kimi K2-Thinking-0905 has a published SWE-bench Verified score of 71.3%. Magistral Medium does not have that eval on this page yet.

    What is the context window for Kimi K2-Thinking-0905 vs Magistral Medium?

    Kimi K2-Thinking-0905 supports a 262K token context window, while Magistral Medium supports 40K tokens. Kimi K2-Thinking-0905 offers a larger context window. Filling a larger window bills more input tokens, so the cheaper-per-million model can still cost more on long documents.

    Which model performs better on benchmarks, Kimi K2-Thinking-0905 or Magistral Medium?

    Kimi K2-Thinking-0905 leads on 3 of 3 shared benchmarks versus Magistral Medium's 0 wins. Check the comparison table for GPQA Diamond, SWE-bench, MMLU, HLE, and the other evals we track. Token price and benchmark score together are the usual LLM comparison, not either number alone.

    Is Kimi K2-Thinking-0905 or Magistral Medium better for production use?

    Both Kimi K2-Thinking-0905 and Magistral Medium are production API models. For cost-sensitive production traffic, Kimi K2-Thinking-0905 has better economics on the blended 1M-in + 1M-out scale. For maximum capability, weight the benchmark table for your domain. Many production stacks route cheap models for drafts and a frontier model for the hard turn, which is usually cheaper than sending everything to the expensive API.

    Can I switch between Kimi K2-Thinking-0905 and Magistral Medium in my app?

    Yes. Call Kimi K2-Thinking-0905 through Moonshot AI and Magistral Medium through Mistral AI with separate API keys, or through a gateway that already wraps both. Keep prompts in tokens, not characters, when you estimate the invoice. AnotherWrapper templates can swap providers without rewriting auth and billing.

    How accurate is this Kimi K2-Thinking-0905 vs Magistral Medium pricing data?

    List rates are the latest published Moonshot AI API pricing and Mistral API pricing, quoted per million tokens. Official rate sheets: https://platform.kimi.com/docs/pricing/chat and https://anotherwrapper.com/tools/llm-pricing. Prompt caching, batch APIs, and committed-use discounts can change the invoice. Benchmark scores are from official publications and independent evals, updated as new numbers land.

    What is the output token limit for Kimi K2-Thinking-0905 and Magistral Medium?

    Kimi K2-Thinking-0905 supports up to 262K output tokens per request, while Magistral Medium supports up to an unspecified number of output tokens. Output tokens are usually the expensive half of API pricing, so a higher max output cap is a capability, not a discount.

    Which model has better throughput, Kimi K2-Thinking-0905 or Magistral Medium?

    Neither Kimi K2-Thinking-0905 nor Magistral Medium has published throughput data on this page yet. Throughput (tokens per second) and time-to-first-token are why two models with the same per-million-token price can still feel different in chat and agents.

    How do I switch the models in this Kimi K2-Thinking-0905 vs Magistral Medium comparison?

    Use the model pickers at the top of this LLM comparison. Search any model in the index and the URL updates. Open Kimi K2-Thinking-0905 or Magistral Medium from the sidebar for the single-model API pricing page, or go back to the LLM pricing table to sort by cheapest blended cost.

    Kimi K2-Thinking-0905 vs Magistral Medium pricing

    This comparison covers API pricing, context window, throughput, and benchmark scores. Kimi K2-Thinking-0905 costs $0.47/M input and $2.00/M output. Magistral Medium costs $2.00/M input and $5.00/M output via Mistral AI.

    Rank both on the LLM leaderboard, SWE-bench, and Humanity's Last Exam.

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