diff --git a/vllm/reasoning/__init__.py b/vllm/reasoning/__init__.py
index 8be56b56e..df75e8584 100644
--- a/vllm/reasoning/__init__.py
+++ b/vllm/reasoning/__init__.py
@@ -53,8 +53,8 @@ _REASONING_PARSERS_TO_REGISTER = {
         "HunyuanA13BReasoningParser",
     ),
     "kimi_k2": (
-        "deepseek_v3_reasoning_parser",
-        "DeepSeekV3ReasoningWithThinkingParser",
+        "kimi_k2_reasoning_parser",
+        "KimiK2ReasoningParser",
     ),
     "minimax_m2": (
         "minimax_m2_reasoning_parser",
diff --git a/vllm/reasoning/kimi_k2_reasoning_parser.py b/vllm/reasoning/kimi_k2_reasoning_parser.py
new file mode 100644
index 000000000..8dd1a76e5
--- /dev/null
+++ b/vllm/reasoning/kimi_k2_reasoning_parser.py
@@ -0,0 +1,228 @@
+# SPDX-License-Identifier: Apache-2.0
+# SPDX-FileCopyrightText: Copyright contributors to the vLLM project
+
+from collections.abc import Sequence
+
+from transformers import PreTrainedTokenizerBase
+
+from vllm.entrypoints.openai.chat_completion.protocol import (
+    ChatCompletionRequest,
+)
+from vllm.entrypoints.openai.engine.protocol import DeltaMessage
+from vllm.reasoning.abs_reasoning_parsers import ReasoningParser
+from vllm.reasoning.identity_reasoning_parser import IdentityReasoningParser
+
+
+class KimiK2ReasoningParser(ReasoningParser):
+    """
+    Reasoning parser for Kimi K2 model.
+
+    The Kimi K2 model uses <think>...</think> tokens to denote reasoning text,
+    and may implicitly end reasoning by starting a tool call section using
+    <|tool_calls_section_begin|>.
+    Thinking may also begin without a </think> token.
+
+    Kimi's thinking mode can be disabled via chat_template_kwargs.
+    """
+
+    def __init__(self, tokenizer: PreTrainedTokenizerBase, *args, **kwargs):
+        super().__init__(tokenizer, *args, **kwargs)
+
+        if not self.model_tokenizer:
+            raise ValueError(
+                "The model tokenizer must be passed to the ReasoningParser "
+                "constructor during construction."
+            )
+
+        # Check if thinking is disabled via chat_template_kwargs
+        chat_kwargs = kwargs.get("chat_template_kwargs", {}) or {}
+        thinking = bool(chat_kwargs.get("thinking", True))
+
+        # If thinking is not enabled, use identity parser to fall through
+        if not thinking:
+            self._identity_parser = IdentityReasoningParser(tokenizer, *args, **kwargs)
+        else:
+            self._identity_parser = None
+
+        # Token definitions
+        self._start_token = "<think>"
+        self._end_token = "</think>"
+        self._tool_section_start_token = "<|tool_calls_section_begin|>"
+
+        # Get token IDs
+        self._start_token_id = self.vocab.get(self._start_token)
+        self._end_token_id = self.vocab.get(self._end_token)
+        self._tool_section_start_token_id = self.vocab.get(
+            self._tool_section_start_token
+        )
+
+        if self._start_token_id is None or self._end_token_id is None:
+            raise RuntimeError(
+                "KimiK2ReasoningParser could not locate think start/end "
+                "tokens in the tokenizer!"
+            )
+
+    def _is_identity_mode(self) -> bool:
+        """Check if parser is in identity mode (no reasoning extraction)."""
+        return self._identity_parser is not None
+
+    def is_reasoning_end(self, input_ids: Sequence[int]) -> bool:
+        """
+        Check if the reasoning content ends in the input_ids.
+
+        Reasoning ends when we see either:
+        1. The end token (</think>)
+        2. The tool section start token (<|tool_calls_section_begin|>)
+        """
+        if self._is_identity_mode():
+            return self._identity_parser.is_reasoning_end(input_ids)
+
+        start_token_id = self._start_token_id
+        end_token_id = self._end_token_id
+        tool_section_start_token_id = self._tool_section_start_token_id
+
+        for i in range(len(input_ids) - 1, -1, -1):
+            if input_ids[i] == start_token_id:
+                return False
+            if input_ids[i] == end_token_id:
+                return True
+            # Implicit reasoning end via tool call section
+            if (
+                tool_section_start_token_id is not None
+                and input_ids[i] == tool_section_start_token_id
+            ):
+                return True
+        return False
+
+    def is_reasoning_end_streaming(
+        self, input_ids: Sequence[int], delta_ids: Sequence[int]
+    ) -> bool:
+        """
+        Check if the reasoning content ends in the input_ids on a decode step.
+        """
+        if self._is_identity_mode():
+            return self._identity_parser.is_reasoning_end_streaming(
+                input_ids, delta_ids
+            )
+
+        # Check for explicit end token or implicit tool section start in delta
+        if self._end_token_id in delta_ids:
+            return True
+        return (
+            self._tool_section_start_token_id is not None
+            and self._tool_section_start_token_id in delta_ids
+        )
+
+    def extract_content_ids(self, input_ids: list[int]) -> list[int]:
+        """
+        Extract content token ids from the input_ids.
+        """
+        if self._is_identity_mode():
+            return self._identity_parser.extract_content_ids(input_ids)
+
+        if self._end_token_id in input_ids:
+            end_token_index = (
+                len(input_ids) - 1 - input_ids[::-1].index(self._end_token_id)
+            )
+
+            if end_token_index != -1:
+                return input_ids[end_token_index + 1 :]
+
+        if (
+            self._tool_section_start_token_id is not None
+            and self._tool_section_start_token_id in input_ids
+        ):
+            tool_section_index = (
+                len(input_ids)
+                - 1
+                - input_ids[::-1].index(self._tool_section_start_token_id)
+            )
+
+            if tool_section_index != -1:
+                return input_ids[tool_section_index:]
+
+        # still reasoning (no content)
+        return []
+
+    def extract_reasoning(
+        self, model_output: str, request: ChatCompletionRequest
+    ) -> tuple[str | None, str | None]:
+        """
+        Extract reasoning content from the model output.
+        """
+        if self._is_identity_mode():
+            return self._identity_parser.extract_reasoning(model_output, request)
+
+        # thinking does not require a think start token but consume it if present
+        start_token_index = model_output.find(self._start_token)
+        start_token_index = 0 if start_token_index != 0 else len(self._start_token)
+        end_token_index = model_output.find(self._end_token)
+
+        if end_token_index != -1:
+            return (
+                model_output[start_token_index:end_token_index],
+                model_output[end_token_index + len(self._end_token) :] or None,
+            )
+
+        tool_section_index = model_output.find(self._tool_section_start_token)
+        if tool_section_index != -1:
+            return (
+                model_output[start_token_index:tool_section_index],
+                model_output[tool_section_index:] or None,
+            )
+
+        # still reasoning (no content)
+        return (
+            model_output[start_token_index:],
+            None,
+        )
+
+    def extract_reasoning_streaming(
+        self,
+        previous_text: str,
+        current_text: str,
+        delta_text: str,
+        previous_token_ids: Sequence[int],
+        current_token_ids: Sequence[int],
+        delta_token_ids: Sequence[int],
+    ) -> DeltaMessage | None:
+        """
+        Extract reasoning content from a delta message during streaming.
+        """
+        if self._is_identity_mode():
+            return self._identity_parser.extract_reasoning_streaming(
+                previous_text,
+                current_text,
+                delta_text,
+                previous_token_ids,
+                current_token_ids,
+                delta_token_ids,
+            )
+
+        # If reasoning has already ended in previous tokens, this is content
+        if self.is_reasoning_end(previous_token_ids):
+            return DeltaMessage(content=delta_text)
+
+        # Skip single special tokens
+        if len(delta_token_ids) == 1 and delta_token_ids[0] in [
+            self._start_token_id,
+            self._end_token_id,
+        ]:
+            return None
+
+        if self._end_token_id in delta_token_ids:
+            end_index = delta_text.find(self._end_token)
+            reasoning = delta_text[:end_index]
+            content = delta_text[end_index + len(self._end_token) :]
+            return DeltaMessage(
+                reasoning=reasoning, content=content if content else None
+            )
+
+        if self._tool_section_start_token_id in delta_token_ids:
+            tool_index = delta_text.find(self._tool_section_start_token)
+            reasoning = delta_text[:tool_index]
+            content = delta_text[tool_index:]
+            return DeltaMessage(reasoning=reasoning, content=content)
+
+        # still reasoning (no end token)
+        return DeltaMessage(reasoning=delta_text)