Model Comparison 2026

DeepSeek V3.2 vs DeepSeek V4 Flash

DeepSeek V3.2
DeepSeek · Balanced · Open weights
$0.26/1M · 131K ctx
DeepSeek V4 Flash
DeepSeek · Budget · Open weights
$0.12/1M · 1.0M ctx

Community Vote

Pick a winner in each dimension — change your vote anytime.

Output Quality
Correctness and depth of what it produces
Agentic Ability
Tool calls, instruction-following, and multi-step tasks
Speed
Tokens per second and time-to-first-token
Value for $
How much capability you get per dollar
Reliability
Consistent results — fewer refusals, loops, and format breaks

Specs & Pricing, Side by Side

Spec
DeepSeek V3.2
DeepSeek V4 Flash
Maker
DeepSeek
DeepSeek
Blended price / 1M
$0.26
$0.12
Input / output
$0.23 in · $0.34 out / 1M tokens
$0.09 in · $0.18 out / 1M tokens
Context window
131K
1.0M
Open weights
Yes
Yes
Tool use
Yes
Yes
Reasoning
Yes
Yes
Output Quality
7.6
8.2
Agentic Ability
7.4
8.1
Speed
7.8
9.0
Value for $
9.4
10.0
Reliability
8.6
8.9

Pricing and capabilities synced from the OpenRouter catalogue. Scores are editorial (0–10).

Verdict: DeepSeek V3.2 or DeepSeek V4 Flash?

Updated 2026-06-22

Choose DeepSeek V3.2 if you want dependable open-weight output on a tight budget. Choose DeepSeek V4 Flash if you want cheap, high-volume open-weight agent steps.

In our editorial scoring, DeepSeek V4 Flash leads in 5 of five dimensions (output quality, agentic ability, speed, value for $ and reliability), while DeepSeek V3.2 leads in 0. On price, DeepSeek V3.2 runs about $0.26 per 1M tokens (blended) and is open-weight; DeepSeek V4 Flash is about $0.12 and open-weight.

Where DeepSeek V3.2 falls short
  • Shorter 128K context
  • Superseded by V4 on quality
Full DeepSeek V3.2 breakdown →
Where DeepSeek V4 Flash falls short
  • Not for the hardest tasks
  • Quality below V4 Pro
Full DeepSeek V4 Flash breakdown →

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