o3

OpenAI · Frontier

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OpenAI's frontier reasoning model. Received an 80% price cut in June 2025 alongside the o3-pro launch.

Strengths
Strong dedicated step-by-step reasoning.
Best for
Math, logic and multi-step problem solving.
Limitations
Reasoning-focused; the GPT-5 line now covers most of its ground.

Input / 1M

$2.00

Output / 1M

$8.00

Cached input / 1M

$0.5

Context window

200K

Where it sits

12th-cheapest frontier model

by blended $/Mtok among 24 listed frontier models

Right at the frontier median

blended $/Mtok across 24 frontier models

Output costs 4× input

$2.00 in / $8.00 out per 1M

Cached input saves 75%

$0.5 vs $2.00 per 1M fresh

Down 80% since launch (Apr 2025)

blended price vs launch

Computed live from current prices and this model's history — not hand-written, so it stays accurate as prices move.

Price history

Input (solid)Output (dashed)
Price per 1M tokens over timeOutput went from $40.00 to $8.00; Input went from $10.00 to $2.00 between Apr 2025 and Jun 2025.Output on 16 Apr 2025: $40.00Output on 10 Jun 2025: $8.00Out $8.00Input on 16 Apr 2025: $10.00Input on 10 Jun 2025: $2.00In $2.00Apr 2025Jun 2025

Blended price change (3:1 I/O mix)

30d
90d
1y
Since launch
decreased 80.0%

Snapshots

Effective Input Output Cached in Note Source
10 Jun 2025 $2.00 $8.00 $0.5 80% price cut alongside o3-pro launch openai.com/api/pricing
16 Apr 2025 $10.00 $40.00 $2.50 Launch pricing openai.com/api/pricing

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