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LM Studio vs Ollama

Bottom line

Ollama is open source and LM Studio is not.

Which one should you try?

LM Studio

Free

Best for People who want a desktop app for downloading and chatting with local models

Ollama

Free

Best for Developers who want a local model API without managing model files by hand

We installed and ran both

Tested October 15, 2026 by ForgeBench, our automated test bench, on the same machine, back to back.

MeasuredLM StudioOllama
Model load time from the runtime's own log, model file not cached (s)8.15.9
Start-up, not the same measurement: Ollama = first answer from a fresh server; LM Studio = lms load command (s)44.66.7
Text generation speed, 53-token prompt, relative1x1.38x
Text generation speed, 441-token prompt, relative1x1.22x
Text generation speed, 723-token prompt, relative1x1x
Prompt reading speed, 53-token prompt, relative1x1.32x
Prompt reading speed, 441-token prompt, relative1x1.77x
Prompt reading speed, 723-token prompt, relative1x1.58x
Memory used by the model process (GB)22.2
Docker image size on disk (GB)4.689.37

Same GGUF model file, same 3 cores, measured back to back in one session. Speed is shown for each of our three prompt lengths: Ollama's lead in generation speed shrinks as the prompt gets longer. The two start-up rows are different measurements: Ollama's is the first 1-token answer from a freshly started server (the model loads on that request); LM Studio's is the lms load command, most of which passed before its engine started loading the model.

Test machine: 8-vCPU AMD EPYC 9354P cloud VM, each test limited to 3 cores and 10 GB RAM, no GPU, no internet (isolated Docker network). Times in seconds are from this CPU-only machine; a desktop with a GPU will be much faster. The VM is shared, so text-generation speed is shown only as a ratio between tools run back to back, not as tokens per second. Docker image size is the on-disk size from docker image ls for every tool. Local AI tools we tested · How we test · raw data

Pricing, capabilities and platforms side by side. Prices are as of the "Pricing checked" date in the table.

LM Studio

LM Studio

LM Studio is a free desktop app for local models with a headless server (llmster), local APIs and SDKs. We ran llmster on a CPU-only server and measured install, load time and offline behavior.

Ollama

Ollama

Ollama downloads open models and runs them locally behind a command line and API, with optional cloud-hosted models. We ran it on a 3-core CPU server and measured startup, memory and speed.

AttributeLM StudioOllama
PricingFreeFree
PriceFree to run models locally; optional cloud plans: Bionic+ $20/mo, Pro $100/moFree (MIT). Optional Ollama Cloud from $20/mo
Pricing checkedOct 16, 2026Apr 10, 2026
Free trialNot statedNot stated
Open sourceNoYes
Has APIYesYes
Self-hosted optionYesYes
PlatformsmacOS (Intel and Apple Silicon), Windows, Linux (x64 and ARM64)macOS, Windows, Linux, Docker
Released2023-052023-06
Pros
  • A desktop app and a headless server (llmster), so you can chat with models or serve them to your apps.
  • Local APIs plus Python and TypeScript SDKs.
  • Works offline: with its update and extension hosts blocked, it still loaded and served the model.
  • Used 2 GB of memory with our 3B model, a little less than Ollama's 2.2 GB.
  • Pulls and runs a model with one command and serves it over a local API.
  • Quick cold start in our test: about 8 seconds from server start to first answer.
  • OLLAMA_NO_CLOUD=1 turns off its cloud models and web search for local-only use.
  • Generated text faster than LM Studio on the same model and cores, by up to 1.38x with short prompts.
Cons
  • Slow cold load: lms load took 44.6 s, about 34 s of it before the engine started, with nothing in the logs to explain the wait.
  • Closed source and free under LM Studio's terms; only the lms CLI is open source (MIT).
  • Ollama generated text up to 1.38x faster on the same model and cores.
  • Ignores a container's CPU limit: it started 8 threads on 3 cores, and generation was 3.3 to 11.9 times slower until we set num_thread to 3.
  • Caps context at the model's trained length (32,768 tokens for our model) even when you ask for more, so check what you actually get.
  • The largest Docker image of the runtimes we tested: 9.37 GB, against 1.21 GB for llama.cpp.

Made up your mind?

LM Studio

Free

Best for People who want a desktop app for downloading and chatting with local models

Ollama

Free

Best for Developers who want a local model API without managing model files by hand

Specs come from each tool's own site and docs (how we test). AIDiveForge is editorially independent.