Kimi K2.5 vs LFM3-1.7B

Moonshot AI · China  |  Liquid AI · US · Updated June 2026

Quick verdict

Pick Kimi K2.5 for native multimodal reasoning and visual coding or agentic tool-calling and self-directed multi-step work. Pick LFM3-1.7B for very small open-weight text model - about 1.73b parameters with a 256k-token context for on-device use or liquid says it can power agentic applications that used to need 9b parameters. On a tight budget at scale, LFM3-1.7B is the value pick.

Kimi K2.5 (Moonshot AI, China) and LFM3-1.7B (Liquid AI, US) line up two different AI ecosystems against each other — a comparison that is as much about cost philosophy and openness as raw capability. Kimi K2.5 is moonshot's open-weight multimodal model at $0.60/$2.50 with a 256K window — strong visual coding and agentic work, since superseded by K2.6/K2.7. LFM3-1.7B is liquid AI's October 27, 2026 on-device text model - about 1.73B parameters and 256K context, with open weights under a license capped at $10M annual revenue. They diverge most on price and context window — each quantified below from the models' real specs.

Key differences at a glance

Side-by-side specs

SpecKimi K2.5LFM3-1.7B
ProviderMoonshot AI (China) Liquid AI (US)
ReleasedJanuary 27, 2026 October 27, 2026
Context window256K (~393 pages) 256K tokens (~384 pages)
Price (in/out)$0.45/$2.25 per 1M tokens Open weight (self-host / free)
Open weight?Yes — self-hostable Yes — self-hostable
Modalitiestext, image, code text
SWE-Bench VerifiedNot published Not published
MRCR v2 @ 1MNot published Not published

Who wins what

Native multimodal reasoning and visual coding

Kimi K2.5

LFM3-1.7B is comparatively weak here — liquid says it is not recommended for agentic coding or complex multi-step reasoning because of its size

Agentic tool-calling and self-directed multi-step work

Kimi K2.5

Kimi K2.5 lists agentic tool-calling and self-directed multi-step work among its strengths; LFM3-1.7B does not.

Open-weight (Modified-MIT) — self-hostable at 256K context

Kimi K2.5

Kimi K2.5 lists open-weight (Modified-MIT) — self-hostable at 256K context among its strengths; LFM3-1.7B does not.

Very small open-weight text model - about 1.73B parameters with a 256K-token context for on-device use

LFM3-1.7B

Liquid AI's October 27, 2026 on-device text model - about 1.73B parameters and 256K context, with open weights under a license capped at $10M annual revenue — and it is the newer of the two.

Liquid says it can power agentic applications that used to need 9B parameters

LFM3-1.7B

LFM3-1.7B lists liquid says it can power agentic applications that used to need 9B parameters among its strengths; Kimi K2.5 does not.

Part of a six-model LFM3 family covering text, vision, audio, omni and decision tasks

LFM3-1.7B

Kimi K2.5 is comparatively weak here — image input but no audio or video

Lowest cost at scale

LFM3-1.7B

Its weights are open, so at volume you pay for your own hardware instead of Kimi K2.5's $0.45/$2.25 per 1M tokens.

Which should you pick?

A cost-sensitive startup shipping high volume

→ LFM3-1.7B

At Open weight (self-host / free) it undercuts Kimi K2.5, and on millions of tokens that margin decides the monthly bill.

Someone analysing very long documents or codebases

→ Kimi K2.5

Larger 256K window fits more in one prompt.

Anyone whose priority is native multimodal reasoning and visual coding

→ Kimi K2.5

It is specifically built for that.

Anyone whose priority is very small open-weight text model - about 1.73b parameters with a 256k-token context for on-device use

→ LFM3-1.7B

That is its strongest area.

An enterprise with regional data-residency rules

→ LFM3-1.7B or Kimi K2.5

Origin (China vs US) affects where data is processed and which compliance regime applies — check the provider's terms for your region.

Kimi K2.5: where it fits

Moonshot's open-weight multimodal model at $0.60/$2.50 with a 256K window — strong visual coding and agentic work, since superseded by K2.6/K2.7. Released January 27, 2026 by Moonshot AI, it is built for native multimodal reasoning and visual coding, agentic tool-calling and self-directed multi-step work, open-weight (Modified-MIT) — self-hostable at 256K context, and vendor reports around 76.8% on its own SWE-agent coding harness.

Its trade-offs are real: its coding score uses Moonshot's own harness, not the standard SWE-Bench Verified protocol, superseded within Moonshot's line by Kimi K2.6 and K2.7, openRouter shows a promo price below Moonshot's $0.60/$2.50 list, and image input but no audio or video. At $0.45 in / $2.25 out per million tokens, it sits in the budget price band.

LFM3-1.7B: where it fits

Liquid AI's October 27, 2026 on-device text model - about 1.73B parameters and 256K context, with open weights under a license capped at $10M annual revenue. Released October 27, 2026 by Liquid AI, it is built for very small open-weight text model - about 1.73B parameters with a 256K-token context for on-device use, liquid says it can power agentic applications that used to need 9B parameters, part of a six-model LFM3 family covering text, vision, audio, omni and decision tasks, and supports 16 languages.

Its trade-offs: lFM Open License v1.0 covers commercial use only below $10M annual revenue; larger firms need a paid license, liquid says it is not recommended for agentic coding or complex multi-step reasoning because of its size, text-only; vision and audio need other LFM3 checkpoints, and no published per-token API price found. As an open-weight model, its running cost is your own hardware rather than a per-token fee.

The bottom line for this matchup

This is less "which is smarter" and more "which ecosystem fits." Kimi K2.5 (China) and LFM3-1.7B (US) differ on pricing philosophy, data-residency, and tooling as much as on raw scores. LFM3-1.7B is the cheaper option, which matters at volume. The pragmatic move is to run one real task through both and judge the outputs against your own constraints — including where your data is allowed to be processed.

Want both Kimi K2.5 and LFM3-1.7B without two subscriptions? LumiChats gives you these plus 40+ models under one ₹69/day pass (about $1/day) — draft with one, cross-check with the other.

See pricing

Frequently asked questions

Is Kimi K2.5 or LFM3-1.7B better for coding?

Public SWE-Bench figures are not available for either model, so the honest test is your own repository — run an identical real bug through both. By design, Kimi K2.5 leans toward native multimodal reasoning and visual coding while LFM3-1.7B leans toward very small open-weight text model - about 1.73b parameters with a 256k-token context for on-device use, and that positioning usually predicts which feels better on your codebase.

Which is cheaper, Kimi K2.5 or LFM3-1.7B?

LFM3-1.7B is cheaper — $0.45/$2.25 per 1M tokens vs Open weight (self-host / free).

Which has the bigger context window?

Effectively neither — 256K vs 256K tokens is a difference of a few percent. Remember advertised ≠ usable: recall typically degrades before the ceiling.

Can I use both Kimi K2.5 and LFM3-1.7B together?

Yes — a multi-model platform like LumiChats gives you Kimi K2.5, LFM3-1.7B and 40+ others under one ₹69/day pass (about $1/day), so you can draft with one and cross-check with the other instead of buying two subscriptions.

Which is newer, Kimi K2.5 or LFM3-1.7B?

LFM3-1.7B — released October 27, 2026, about 9 months after Kimi K2.5.

Related comparisons

Specifications and benchmarks reflect publicly reported figures as of June 2026 and may change as providers release updates. Always verify on your own workload.