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GPT-o3vsGPT-o4 Mini

OpenAI vs OpenAI — Side-by-side model comparison

GPT-o4 Mini leads 2/5 categories

Head-to-Head Comparison

MetricGPT-o3GPT-o4 Mini
Provider
Arena Rank
#2
#6
Context Window
200K
200K
Input Pricing
$2.00/1M tokens
$1.10/1M tokens
Output Pricing
$8.00/1M tokens
$4.40/1M tokens
Parameters
Undisclosed
Undisclosed
Open Source
No
No
Best For
Advanced reasoning, agentic tasks, research
Affordable reasoning, coding, STEM tasks
Release Date
Apr 16, 2025
Apr 16, 2025

GPT-o3

GPT-o3 is OpenAI's most advanced reasoning model, succeeding o1 as the frontier of deliberative AI. It uses an enhanced chain-of-thought approach where the model spends more compute time 'thinking' before responding, dramatically improving performance on complex STEM, mathematical, and logical reasoning tasks. With a 200K token context window and the ability to use tools during reasoning, o3 represents a significant leap in AI problem-solving capabilities. It achieved state-of-the-art results on the ARC-AGI benchmark, demonstrating near-human performance on novel reasoning challenges. The model is particularly strong at multi-step mathematical proofs, complex code debugging, and scientific analysis where careful step-by-step reasoning is essential. Originally priced at a premium, an 80% price reduction in June 2025 made o3 accessible to a much broader range of developers and applications.

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GPT-o4 Mini

GPT-o4 Mini is OpenAI's most cost-efficient reasoning model, bringing the power of deliberative chain-of-thought reasoning to budget-conscious applications. It uses the same 'thinking tokens' approach as larger o-series models but at a fraction of the cost ($1.10 per million input tokens). The model excels at STEM tasks, coding challenges, and logical reasoning problems where standard language models struggle. With a 200K context window, it can process long technical documents while applying careful step-by-step analysis. O4 Mini represents OpenAI's effort to democratize advanced reasoning capabilities, making them accessible for educational platforms, coding tools, and analytical applications that previously couldn't justify the cost of full reasoning models.

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Key Differences: GPT-o3 vs GPT-o4 Mini

1

GPT-o3 ranks higher in arena benchmarks (#2) indicating stronger overall performance.

2

GPT-o4 Mini is 1.8x cheaper on average, making it the better choice for high-volume applications.

G

When to use GPT-o3

  • +You need the highest quality output based on arena rankings
  • +Quality matters more than cost
  • +Your use case involves advanced reasoning, agentic tasks, research
View full GPT-o3 specs →
G

When to use GPT-o4 Mini

  • +Budget is a concern and you need cost efficiency
  • +Your use case involves affordable reasoning, coding, stem tasks
View full GPT-o4 Mini specs →

Cost Analysis

At current pricing, GPT-o4 Mini is 1.8x more affordable than GPT-o3. For a typical enterprise workload processing 100M tokens per month:

GPT-o3 monthly cost

$500

100M tokens/mo (50/50 in/out)

GPT-o4 Mini monthly cost

$275

100M tokens/mo (50/50 in/out)

The Verdict

GPT-o4 Mini wins our head-to-head comparison with 2 out of 5 category wins. It's the stronger choice for affordable reasoning, coding, stem tasks, though GPT-o3 holds an edge in advanced reasoning, agentic tasks, research.

Last compared: April 2026 · Data sourced from public benchmarks and official pricing pages

Frequently Asked Questions

Which is better, GPT-o3 or GPT-o4 Mini?
In our head-to-head comparison, GPT-o4 Mini leads in 2 out of 5 categories (arena rank, context window, input pricing, output pricing, and parameters). GPT-o4 Mini excels at affordable reasoning, coding, stem tasks, while GPT-o3 is better suited for advanced reasoning, agentic tasks, research. The best choice depends on your specific requirements, budget, and use case.
How does GPT-o3 pricing compare to GPT-o4 Mini?
GPT-o3 charges $2.00 per 1M input tokens and $8.00 per 1M output tokens. GPT-o4 Mini charges $1.10 per 1M input tokens and $4.40 per 1M output tokens. GPT-o4 Mini is the more affordable option, approximately 1.8x cheaper on average. For high-volume production workloads, the pricing difference can significantly impact total cost of ownership.
What is the context window difference between GPT-o3 and GPT-o4 Mini?
GPT-o3 supports a 200K token context window, while GPT-o4 Mini supports 200K tokens. Context window size matters most for tasks involving long documents, large codebases, or extended conversations.
Can I use GPT-o3 or GPT-o4 Mini for free?
GPT-o3 is a paid API model starting at $2.00 per 1M input tokens. GPT-o4 Mini is a paid API model starting at $1.10 per 1M input tokens.
Which model has better benchmarks, GPT-o3 or GPT-o4 Mini?
GPT-o3 holds arena rank #2, while GPT-o4 Mini holds rank #6. GPT-o3 performs better in overall arena benchmarks, which aggregate human preference ratings across coding, reasoning, and general tasks. Note that benchmarks don't capture every use case — we recommend testing both models on your specific tasks.
Is GPT-o3 or GPT-o4 Mini better for coding?
GPT-o3's primary strength is advanced reasoning, agentic tasks, research. GPT-o4 Mini is specifically optimized for coding tasks. For coding specifically, arena rank and code-specific benchmarks are the best indicators of performance.