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Open weights release

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Released December 2025

DeepSeek V3.2: Release Intelligence, Performance & Price

Name: Intelligence
Creator: Artificial Analysis
License: https://artificialanalysis.ai/docs/legal/Terms-of-Use.pdf

Available providers

GMI

IntelligenceUpdated

21*

Artificial Analysis Intelligence Index

* Estimated

DeepSeek V3.2

Speed

N/A

Output tokens per second

DeepSeek V3.2

Cost

In $0.28Out $0.42Cache Discount 95%

N/A

Cost per Intelligence Index task

DeepSeek V3.2

Verbosity

N/A

Output tokens from Intelligence Index

DeepSeek V3.2

The DeepSeek V3.2 release offers 2 models, each with different intelligence, performance, and pricing characteristics. Below is a comparison of the key metrics across the 2 models.

For intelligence, the top model of DeepSeek V3.2 is DeepSeek V3.2 (Reasoning) at 21 (estimated).

Input modality	Supports: text
Output modality	Supports: text
Context window	128k ~192 A4 pages of size 12 Arial font
Total parameters	685B
Active parameters	37B Number of parameters active per token during inference
License	MIT
Model weights	Hugging Face

Metrics are compared against models of the same class:

Non-reasoning models → compared only with other non-reasoning models
Reasoning models → compared across both reasoning and non-reasoning
Open weights models → compared only with other open weights models of the same size class:

Tiny: ≤4B parameters
Small: 4B–40B parameters
Medium: 40B–150B parameters
Large: >150B parameters

Proprietary models → compared across proprietary and open weights models of the same price range, using a blended 3:1 input/output price ratio:

<$0.15 per 1M tokens
$0.15–$1 per 1M tokens
>$1 per 1M tokens

Updated

Intelligence

Artificial Analysis Intelligence Index · Higher is better

Not publicly available

Speed

Output tokens per second · Higher is better

Cost per Task

Weighted average cost (USD) per Intelligence Index task · Lower is better

Not publicly available

Intelligence

Artificial Analysis Intelligence Index

Artificial Analysis Intelligence Index v4.3.2 incorporates 10 evaluations: AA-Briefcase v1.1, GDPval-AA v2.1, AutomationBench-AA, Terminal-Bench 4.0, SciCode, Humanity's Last Exam, GDP.pdf, CritPt, AA-Omniscience, AA-LCR v1.1

Estimate (independent evaluation forthcoming)

Artificial Analysis Intelligence Index v4.3.2 includes: AA-Briefcase v1.1, GDPval-AA v2.1, AutomationBench-AA, Terminal-Bench 4.0, SciCode, Humanity's Last Exam, GDP.pdf, CritPt, AA-Omniscience, AA-LCR v1.1. See Intelligence Index methodology for further details, including a breakdown of each evaluation and how we run them.

Intelligence Index vs. Cost per Intelligence Index Task

Artificial Analysis Intelligence Index · Weighted average cost (USD) per Artificial Analysis Intelligence Index task

Most attractive quadrant

Pareto line

Weighted average cost per Intelligence Index task. Each evaluation’s cost is calculated from input, cache hit, cache write, reasoning, and answer token prices, divided by task count, and weighted by its Intelligence Index weight.

Cost

Cost per Intelligence Index Task

Weighted average cost (USD) per Artificial Analysis Intelligence Index task, segmented by token type. Lower is better

Speed & Latency

Output Speed

Output tokens per second · Higher is better

Tokens per second received while the model is generating tokens (ie. after first chunk has been received from the API for models which support streaming).

Figures represent performance of the model's first-party API or the median across providers where a first-party API is not available.

Capability Scores

Capability Indexes

Measures the performance of models on specific capabilities and industries

Finance & Accounting Index

Incorporates 7 evaluations: AA-Omniscience, GDPval-AA v2.1, AA-Briefcase v1.1, Humanity's Last Exam, AutomationBench-AA, AA-LCR v1.1, GDP.pdf · Higher is better

Strategy & Ops Index

Incorporates 6 evaluations: AA-Omniscience, GDPval-AA v2.1, AA-Briefcase v1.1, AutomationBench-AA, AA-LCR v1.1, GDP.pdf · Higher is better

Legal Index

Incorporates 7 evaluations: AA-Omniscience, GDPval-AA v2.1, AA-Briefcase v1.1, Humanity's Last Exam, AA-LCR v1.1, GDP.pdf, AutomationBench-AA · Higher is better

Healthcare & Medical Index

Incorporates 6 evaluations: AA-Omniscience, GDPval-AA v2.1, AA-Briefcase v1.1, MLCR-AA, Humanity's Last Exam, AutomationBench-AA · Higher is better

Engineering Index

Incorporates 6 evaluations: AA-Omniscience, Humanity's Last Exam, CritPt, GDPval-AA v2.1, AA-Briefcase v1.1, Terminal-Bench 4.0 · Higher is better

Economics Index

Incorporates 5 evaluations: AA-Omniscience, Humanity's Last Exam, GDPval-AA v2.1, AA-Briefcase v1.1, AA-LCR v1.1 · Higher is better

Further details

							Weights		Provider Benchmarks
DeepSeek V3.2 (Reasoning)	DeepSeek	21	685B 37B active at inference time	128k	$0.1	-	🤗	+4	View
DeepSeek V3.2 (Non-reasoning)	DeepSeek	16	685B 37B active at inference time	128k	$0.3	-	🤗	+7	View

DeepSeek V3.2: Release Intelligence, Performance & Price

Model summary

IntelligenceUpdated

Speed

Cost

Verbosity

Technical specifications

117 models in this class

Intelligence

Speed

Cost per Task

Intelligence

Artificial Analysis Intelligence Index

Artificial Analysis Intelligence Index

Intelligence Index vs. Cost per Intelligence Index Task

Cost per Intelligence Index Task

Artificial Analysis Intelligence Index

Cost

Cost per Intelligence Index Task

Cost per Intelligence Index Task

Speed & Latency

Output Speed

Output Speed

Model Performance Representation

Capability Scores

Capability Indexes

More from DeepSeek

Further details