Kimi Deep Research review

Kimi Deep Research, from Moonshot AI, stands out for what it hands back. After you enter a topic and optionally upload files, Kimi asks clarifying questions and maps a research plan, then runs dozens of searches across the open web and professional data, including news outlets, government sources, academic publications, company databases and live financial data. It shows its queries, reasoning steps and fetched URLs as it works, and the result can be a Markdown report, PDF, Word document, PowerPoint deck, Excel sheet or interactive HTML page. Follow-up turns build on the same sources rather than starting over. Deep research is on the free plan with a monthly token allowance, and Plus costs $15 a month billed annually, or $19 monthly, with more agent credits and two concurrent tasks. Kimi meters research by tokens rather than queries, which makes costs for long runs harder to predict, and its feature page is published in Chinese.

Who it is for

Analysts who want a research report delivered as a deck, spreadsheet or web page.

Price

Free plan with a token allowance; Plus $15 a month billed annually ($180 a year) or $19 monthly.

Plus Efficiency upgrade $ 15 / month $19 Billed annually $180
Quoted from the vendor pricing page on November 9, 2026.

Key features

• Clarifying questions and a full research plan before searching
• Dozens of searches across news, government, academic, company and live financial data
• Output as Markdown, PDF, Word, PowerPoint, Excel or interactive HTML
• Multi-turn follow-ups that reuse the first report's sources and context
• Runs in the background while you use other Kimi features

Strengths and weaknesses

• Strength: Widest choice of output formats on this list
• Strength: Available on the free plan with a monthly token allowance
• Strength: Shows live search queries, reasoning steps and fetched URLs
• Weakness: The deep research feature page we fetched is in Chinese
• Weakness: Usage is metered by tokens, so heavy runs are hard to predict
• Weakness: Free plan runs 1 agent task at a time

Key facts

• Plans: Free, Plus, Pro, Max, Ultra
• Concurrent agent tasks: 1 on Free, 2 on Plus and Pro, 4 on Max and Ultra
• Metering: Token consumption, not query count

Where it ranks

Kimi Deep Research is No. 6 in our Best Deep Research AI Tools verdict.