o3: Pricing, Context, and Benchmarks
o3 is OpenAI's o-series model released on 2025-04-16. It runs on a 200K-token context window, priced at $2.00/M input and $8.00/M output. Reasoning-trained model. Higher per-call cost than GPT-4o because internal reasoning tokens are billed.
Specifications
| Provider | OpenAI |
|---|---|
| Family | o-series |
| Released | 2025-04-16 |
| Status | active |
| Context window | 200K tokens |
| Max output | 100K tokens |
| Modalities | text image |
| Capabilities | function calling json mode vision reasoning |
| Tokenizer | o200k_base |
| API endpoint | https://api.openai.com/v1/responses |
| Documentation | Official docs ↗ |
| Last updated | 2026-05-29 |
Benchmark scores
| Benchmark | Category | Score | Measured | Source |
|---|---|---|---|---|
| AIME 2025 | math | 88.9 | 2025-04-16 | ↗ |
| GPQA Diamond | reasoning | 83.3 | 2025-04-16 | ↗ |
| SWE-bench Verified | coding | 71.7 | 2025-04-16 | ↗ |
Scores reflect single measurements on the date shown. Reproducibility varies; consult the linked source for methodology. Use the comparison tool for side-by-side analysis.
What this model is good for
Based on benchmark scores and capability fit, o3 ranks well for:
- Math & STEM Reasoning — rank #3. Reasoning-trained o-series. AIME 2025: 88.9%.
Cost calculator
For 1,000 tokens of input and 1,000 tokens of output per call, this model costs $0.0100 per call. For typical usage:
| Workload | Tokens / call (in/out) | $/call | $/1K calls | $/1M calls |
|---|---|---|---|---|
| Short Q&A | 200 / 100 | $0.001200 | $1.20 | $1,200 |
| Standard chat | 1K / 500 | $0.006000 | $6.00 | $6,000 |
| RAG with retrieval | 4K / 500 | $0.012000 | $12.00 | $12,000 |
| Long doc summary | 20K / 1K | $0.048000 | $48.00 | $48,000 |
| Long context (100K input) | 100K / 2K | $0.212000 | $212.00 | $212,000 |
For more precise estimates including caching discounts, use the LLM API Cost Calculator.
Other OpenAI models
Common comparisons
- o3 vs Mistral Large 2 Side-by-side specs, pricing, and benchmarks
- o3 vs Qwen3-Coder-480B Side-by-side specs, pricing, and benchmarks
- o3 vs Command R+ Side-by-side specs, pricing, and benchmarks
- o3 vs Gemini 2.5 Pro Side-by-side specs, pricing, and benchmarks
API setup
curl https://api.openai.com/v1/responses \
-H "Authorization: Bearer $API_KEY" \
-H "Content-Type: application/json" \
-d '{"model": "o3", "messages": [{"role": "user", "content": "Hello"}]}'
See the official documentation for the full request/response schema. For pre-flight token counting before paying, use the appropriate token counter.