Anthropic

Claude Fable 5.2

A frontier model for demanding reasoning and long-horizon agentic work, with adaptive thinking, self-verification, and subagent orchestration.

ActiveReleased November 9, 2026Knowledge cutoff June 1, 2026
Tool callingCan invoke external tools and APIs (function calling) mid-response.Structured outputCan return JSON or schema-constrained responses instead of free text.ReasoningUses extended thinking / chain-of-thought for harder multi-step problems.Effort controlLets you dial thinking depth (low / medium / high) to trade cost for quality.Fine-tuningSupports training a custom variant on your own data (vendor fine-tune API or self-hosted open weights).

Source: https://platform.claude.com/docs/en/models/fable-5-2/overview, https://platform.claude.com/docs/en/about-claude/pricing, https://docs.cloud.google.com/gemini-enterprise-agent-platform/models/partner-models/claude/fable-5-2, Anthropic Fable 5.2 release announcement (November 9, 2026)

Price per 1M tokens
$8 in / $40 out
Context window1,000,000
Max output128,000
Cache read$0.2 / M
Batch discount-50%
Input
  • Text
  • Image
  • PDF
Output
  • Text

Pricing

Every billing leg from the live catalog, in USD per 1M tokens.

Billing legRateBatch
Input$8 / M$4 / M
Output$40 / M$20 / M
Cache read$0.2 / M$0.1 / M
Cache write · 5 min$10 / M$5 / M
Cache write · 1 hour$16 / M$8 / M

Cost calculator

Billing-grade math over the rate card above, including the thinking tokens most estimates miss.

Estimated monthly cost
$2.4K
at current list prices
Fresh input$1.6K
Cached input$0.00
Output$800
Track this automatically →

Provider

Where this model runs, and what it charges.

PlatformInput / MOutput / MCache read / MBatchAccess
Anthropic
$8$40$0.2✓First-party API

Price history

Has this model gotten cheaper or more expensive?

No changePriced at $8 / $40 per 1M since November 10, 2026.

More from Anthropic

Other models from the same provider.

Claude Haiku 5.5
anthropic/claude-haiku-5-5
$0.1 / $0.5 in / out per 1M
Claude Sonnet 5.5
anthropic/claude-sonnet-5-5
$2 / $10 in / out per 1M
Claude Opus 5.5
anthropic/claude-opus-5-5
$4 / $20 in / out per 1M
Claude Fable 5.1
anthropic/claude-fable-5-1
$10 / $50 in / out per 1M
Claude Opus 5
anthropic/claude-opus-5
$5 / $25 in / out per 1M
Claude Sonnet 5
anthropic/claude-sonnet-5
$2 / $10 in / out per 1M

Stop estimating. Track it.

SuperPenguin meters every Claude Fable 5.2 call your team makes, prices it with this exact rate card, and shows spend by feature, customer, and team.

Get started free

Rates are generated from SuperPenguin's live pricing catalog.