LLM·Dex

o3 vs o4-mini

A complete head-to-head: pricing, context window, benchmarks, modality coverage, and openness, with a programmatic verdict synthesized from the underlying data.

Updated

o3 specs · o4-mini specs
Verdict by category
  • Priceo4-mini

    o4-mini is roughly 1.8× cheaper on output tokens ($4.40 vs $8.00 per 1M).

  • Context windowTie

    Both ship a 200K-token context window.

  • Benchmarkso3

    o3 leads in 1 of 1 shared benchmarks; the biggest gap is on GPQA (graduate-level reasoning), where it scores 87.7 vs 81.4.

  • ModalitiesTie

    Both handle text, vision.

  • OpennessTie

    Both are closed-weight, API-only.

It's a genuine coin-flip between o3 and o4-mini: 1 category wins each, with the rest tied. o4-mini is roughly 1.8× cheaper on output tokens ($4.40 vs $8.00 per 1M). Both ship a 200K-token context window.

o3 leads in 1 of 1 shared benchmarks; the biggest gap is on GPQA (graduate-level reasoning), where it scores 87.7 vs 81.4. Both target the same set of modalities (text, vision), so the deciding factors are price, context, and raw quality. Both are closed-weight, API-only.

Both shipped within roughly a month of each other in 2025, so they share the same generation of training data and tooling. o3 is usually picked for reasoning and math workloads, while o4-mini sees more deployments in reasoning and math. If pricing matters more than every last benchmark point, run the numbers in the calculator below before committing.

Side-by-side specs

Speco3o4-mini
ProviderOpenAIOpenAI
ReleasedApr 2025Apr 2025
Modalitiestext, visiontext, vision
Context window200K tokens200K tokens
Max output,,
Input · 1M$2.00 / 1M tokens$1.10 / 1M tokens
Output · 1M$8.00 / 1M tokens$4.40 / 1M tokens
Knowledge cutoff2024-062024-06
Open weightsNoNo
API availableYesYes

Pricing at scale

What you'd actually pay at typical workloads. Numbers come from each model's published per-million-token rates.

  • Light usage, 100k in / 50k out per day$18.00 vs $9.90
  • Heavy usage, 1M in / 500k out per day$180 vs $99.00
  • RAG workload, 5M in / 200k out per day$348 vs $191

Light usage, 100k in / 50k out per day: $18.00 vs $9.90 per month, model B comes out ahead. Heavy usage, 1M in / 500k out per day: $180 vs $99.00 per month, model B comes out ahead. RAG workload, 5M in / 200k out per day: $348 vs $191 per month, model B comes out ahead.

Price calculator

Estimated spend for the listed models at your usage. Numbers are derived from each model's published per-million-token rates.

  • o3$0.600
  • o4-mini$0.330

Benchmarks compared

Only sourced numbers. Where a benchmark is missing for one model we show the available value rather than fabricating the other.

o3o4-mini
  • HumanEval95.0
  • GPQA87.781.4
Pick o3 if

o3 fits when…

  • Industry-leading reasoning depth at launch
  • Strong on math, science, and abstract puzzles
  • Tool-use during reasoning loops
Pick o4-mini if

o4-mini fits when…

  • Strong reasoning at mid-tier price
  • Fast for a thinking model
  • Solid tool-use
  • Cost-sensitive workloads, 1.8× cheaper than o3 on output tokens.
Don't want either?

Consider GPT-5.5

OpenAI's mid-cycle GPT-5 refresh, improved reasoning, tool use, and multimodal grounding over the 2025 launch.

Frequently asked

  • Is o3 or o4-mini cheaper?
    o4-mini is cheaper at $4.40 / 1M tokens per million output tokens, vs $8.00 / 1M tokens for o3.
  • Which has the larger context window?
    Both o3 and o4-mini ship a 200K-token context window.
  • Is o3 or o4-mini better for coding?
    Both o3 and o4-mini are competitive on coding benchmarks. See each model's individual spec page for HumanEval and SWE-bench scores where published. For an opinionated pick, consult our Best LLM for Coding ranking.
  • Are either of these models open source?
    Neither model ships open weights, both are accessible only via their respective providers' APIs.
  • When were o3 and o4-mini released?
    o3 was released by OpenAI on 2025-04-16. o4-mini was released by OpenAI on 2025-04-16.
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