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GPT-5.4 Image 2 vs o3

Updated October 21, 2026. 0 benchmarks have a result for both. Coding is ranked on the Vibe Coding Index; every other board is shown as published.

GPT-5.4 Image 2OpenAI
Coding
No data
Overall
No data
Output $/M
$15.00
o3OpenAI
Coding
No data
Overall
20.2
Output $/M
$8.00
vs $15.00 vs $8.00 per 1M output tokens. o3 is 1.9x cheaper.

Decision reading

Neither model has a coding score yet, so the two cannot be ranked on coding.

GPT-5.4 Image 2 has the edge where the context window is larger, 272K against 200K tokens.

Shared results
0
GPT-5.4 Image 2 only
0
o3 only
97
Like-for-like categories
0 of 9

Shared results can support a head-to-head reading. Results only one model has describe coverage, not superiority.

Which one for your work

Each card is decided by one number both models carry. Where only one has it, the card says so and makes no call.

At a glance

Coding index
GPT-5.4 Image 2 not benchmarked, o3 not benchmarked.
Widest category
No category has a result for both models.
Widest single gap
No benchmark has a result for both models.
Output price
GPT-5.4 Image 2 $15.00 against o3 $8.00 per million output tokens, 1.9x apart.
Context window
GPT-5.4 Image 2 takes 272K tokens, o3 200K.

Benchmark by benchmark

First the score: boards each model leads, per category, where both have a result. Then every board, a category to a fold; bars are each result on a 0 to 100 scale, so compare the two in a row, not one row with another.

CodingDirectional onlySix of these boards feed the Vibe Coding Index11 boards, none shared
Coding benchmarks for GPT-5.4 Image 2 and o3
BenchmarkGPT-5.4 Image 2o3Leader
Aider polyglotNot measured81.3%Only o3 measured
SWE-bench VerifiedNot measured58.4%Only o3 measured
SWE-bench MultimodalNot measured36.0%Only o3 measured
LiveCodeBench (Vals AI)Not measured83.9%Only o3 measured
LiveCodeBench (Artificial Analysis run)Not measured80.8%Only o3 measured
Terminal-Bench Hard (Artificial Analysis run)Not measured37.1%Only o3 measured
GSO-BenchNot measured8.8%Only o3 measured
WeirdMLNot measured52.4%Only o3 measured
ALE-BenchNot measured933.5Only o3 measured
LMArena Text: codingNot measured1407Only o3 measured
LMArena Text: software and ITNot measured1415Only o3 measured
Neither model has a result on the other 27 boards here
IntelligenceDirectional onlyPublic boards, shown as published, kept out of the index2 boards, none shared
Intelligence benchmarks for GPT-5.4 Image 2 and o3
BenchmarkGPT-5.4 Image 2o3Leader
AA Intelligence IndexNot measured20.2Only o3 measured
Epoch Capabilities IndexNot measured146.7Only o3 measured
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index5 boards, none shared
Agentic work benchmarks for GPT-5.4 Image 2 and o3
BenchmarkGPT-5.4 Image 2o3Leader
τ²-Bench TelecomNot measured80.7%Only o3 measured
METR time horizonsNot measured65.4%Only o3 measured
GDPvalNot measured30.8%Only o3 measured
DeepResearch BenchNot measured45.2%Only o3 measured
OSWorldNot measured23.0%Only o3 measured
Neither model has a result on the other 34 boards here
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index16 boards, none shared
Reasoning benchmarks for GPT-5.4 Image 2 and o3
BenchmarkGPT-5.4 Image 2o3Leader
GPQA DiamondNot measured84.1%Only o3 measured
MMMU Pro (Vals AI)Not measured80.4%Only o3 measured
GPQA Diamond (Artificial Analysis run)Not measured82.7%Only o3 measured
Humanity's Last Exam (Artificial Analysis run)Not measured20.1%Only o3 measured
GPQA Diamond (Epoch AI run)Not measured81.8%Only o3 measured
ARC-AGINot measured60.8%Only o3 measured
ARC-AGI-2Not measured6.5%Only o3 measured
SimpleBenchNot measured53.1%Only o3 measured
Chess puzzlesNot measured37.0%Only o3 measured
Mystery game puzzlesNot measured29.0%Only o3 measured
VPCTNot measured52.0%Only o3 measured
LMArena Text: hard promptsNot measured1402Only o3 measured
LMArena Text: expertNot measured1402Only o3 measured
LMArena Text: hard prompts in EnglishNot measured1411Only o3 measured
LMArena Vision: diagramsNot measured1220Only o3 measured
LMArena Vision: homeworkNot measured1234Only o3 measured
Neither model has a result on the other 5 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index10 boards, none shared
Math benchmarks for GPT-5.4 Image 2 and o3
BenchmarkGPT-5.4 Image 2o3Leader
AIMENot measured85.3%Only o3 measured
MATH 500 (Vals AI)Not measured94.6%Only o3 measured
MGSM (Vals AI)Not measured91.8%Only o3 measured
AA Math IndexNot measured88.3Only o3 measured
AIME 2025 (Artificial Analysis run)Not measured88.3%Only o3 measured
OTIS Mock AIMENot measured84.4%Only o3 measured
FrontierMath, tiers 1 to 3Not measured33.3%Only o3 measured
MATH level 5Not measured97.8%Only o3 measured
LMArena Text: mathNot measured1426Only o3 measured
LMArena Text: mathematical workNot measured1423Only o3 measured
Neither model has a result on the other 3 boards here
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index14 boards, none shared
Knowledge benchmarks for GPT-5.4 Image 2 and o3
BenchmarkGPT-5.4 Image 2o3Leader
MMLU ProNot measured85.6%Only o3 measured
LegalBench (Vals AI)Not measured83.8%Only o3 measured
CorpFin (Vals AI)Not measured59.7%Only o3 measured
TaxEval (Vals AI)Not measured74.6%Only o3 measured
MortgageTax (Vals AI)Not measured65.7%Only o3 measured
MedQA (Vals AI)Not measured96.1%Only o3 measured
MedCode (Vals AI)Not measured47.3%Only o3 measured
MMLU Pro (Artificial Analysis run)Not measured85.3%Only o3 measured
SimpleQA VerifiedNot measured49.4%Only o3 measured
GeoBenchNot measured74.0%Only o3 measured
LMArena Text: scienceNot measured1429Only o3 measured
LMArena Text: medicine and healthcareNot measured1448Only o3 measured
LMArena Text: legal and governmentNot measured1428Only o3 measured
LMArena Text: business and financeNot measured1393Only o3 measured
Neither model has a result on the other 3 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index5 boards, none shared
Web design benchmarks for GPT-5.4 Image 2 and o3
BenchmarkGPT-5.4 Image 2o3Leader
Design Arena: websitesNot measured1036Only o3 measured
Design Arena: UI componentsNot measured1017Only o3 measured
Design Arena: game devNot measured1034Only o3 measured
Design Arena: data vizNot measured1200Only o3 measured
Design Arena: all code categoriesNot measured1020Only o3 measured
Neither model has a result on the other 4 boards here
GeneralDirectional onlyPublic boards, shown as published, kept out of the index34 boards, none shared
General benchmarks for GPT-5.4 Image 2 and o3
BenchmarkGPT-5.4 Image 2o3Leader
SAGE (Vals AI)Not measured41.8%Only o3 measured
MedScribe (Vals AI)Not measured76.7%Only o3 measured
IFBenchNot measured71.4%Only o3 measured
Long context reasoning (AA-LCR)Not measured74.7%Only o3 measured
DTBenchNot measured84.8%Only o3 measured
LMCANot measured39.7%Only o3 measured
Fiction.LiveBenchNot measured88.9%Only o3 measured
Creative writing (Lech Mazur)Not measured83.9%Only o3 measured
CL-benchNot measured17.8%Only o3 measured
LMArena TextNot measured1410Only o3 measured
LMArena Text: instruction followingNot measured1368Only o3 measured
LMArena Text: creative writingNot measured1359Only o3 measured
LMArena VisionNot measured1214Only o3 measured
LMArena Text: EnglishNot measured1417Only o3 measured
LMArena Text: non-EnglishNot measured1401Only o3 measured
LMArena Text: ChineseNot measured1437Only o3 measured
LMArena Text: GermanNot measured1420Only o3 measured
LMArena Text: JapaneseNot measured1403Only o3 measured
LMArena Text: KoreanNot measured1370Only o3 measured
LMArena Text: FrenchNot measured1430Only o3 measured
LMArena Text: SpanishNot measured1395Only o3 measured
LMArena Text: RussianNot measured1406Only o3 measured
LMArena Text: PolishNot measured1438Only o3 measured
LMArena Text: multi-turnNot measured1405Only o3 measured
LMArena Text: longer queriesNot measured1372Only o3 measured
LMArena Text: writing and languageNot measured1372Only o3 measured
LMArena Text: entertainment and mediaNot measured1373Only o3 measured
LMArena Vision: EnglishNot measured1221Only o3 measured
LMArena Vision: ChineseNot measured1237Only o3 measured
LMArena Vision: reading textNot measured1218Only o3 measured
LMArena Vision: humorNot measured1222Only o3 measured
LMArena Vision: captioningNot measured1210Only o3 measured
LMArena Vision: recognizing thingsNot measured1234Only o3 measured
LMArena Vision: creative writingNot measured1201Only o3 measured
Neither model has a result on the other 12 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for GPT-5.4 Image 2 and o3
BenchmarkGPT-5.4 Image 2o3Leader
Neither model has a result on 5 boards here

What each workload costs

Three fixed token mixes at each model's listed price, so per-token rates become a bill.

Chat turn

1K input + 500 output tokens

GPT-5.4 Image 2$0.015Fits in one request
o3$0.0060Fits in one request

o3 costs less

Repository review

50K input + 3K output tokens

GPT-5.4 Image 2$0.445Fits in one request
o3$0.124Fits in one request

o3 costs less

Agent loop

200K input + 10K output tokens

GPT-5.4 Image 2$1.75Fits in one request
o3$0.480Exceeds the context window

o3 costs less

Listed OpenRouter rates, without cache or batch discounts. A workload that does not fit a model's context window would need splitting.

Specification differences

The leading value in a row is marked; a row with a missing value names no leader. Our two rows are marked in red.

Specifications of GPT-5.4 Image 2 and o3
SpecificationOpenAI GPT-5.4 Image 2OpenAI o3
MakerOpenAIOpenAI
WeightsNo public weights listedNo public weights listed
ReleasedApril 21, 2026April 16, 2025
Context window272K200K
Input $/Mtok$8.00$2.00
Output $/Mtok$15.00$8.00
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it00
Cost per solved taskNot computable$0.571
SourceOpenRouter listingOpenRouter listing

Questions

Is GPT-5.4 Image 2 better than o3 for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. GPT-5.4 Image 2 has the edge where the context window is larger, 272K against 200K tokens.

Which is cheaper, GPT-5.4 Image 2 or o3?

GPT-5.4 Image 2 costs $8.00 per million input tokens and $15.00 per million output tokens; o3 costs $2.00 and $8.00. Cost per solved task is known for o3 only.

Which has the bigger context window, GPT-5.4 Image 2 or o3?

GPT-5.4 Image 2, with 272K tokens against 200K.

How many benchmarks is the GPT-5.4 Image 2 vs o3 comparison based on?

0 benchmarks have a result for both models as of October 21, 2026. GPT-5.4 Image 2's coding index rests on 0 independent benchmarks and o3's on 0. Where only one model has a result, the page says so instead of naming a winner.

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