Simon Willison's post about this gives a good context on why exactly this is happening. While it doesn't mention this in the Artificial Analysis page, this is likely with Max reasoning, which has extremely long reasoning traces:
I'm curious if they can make up for this with insanely high tokens-per-second especially when served from hosted providers, though, given how tiny it is (37B!)
https://simonwillison.net/2026/Aug/16/qwen-38-27b/
It seems like the token usage is 2.3x GPT Luna Max and almost 2x Kimi K3!
https://imgur.com/a/dDSyhr2
I'm curious if they can make up for this with insanely high tokens-per-second especially when served from hosted providers, though, given how tiny it is (37B!)