o3 (2025-04-16) pricing

o3 (2025-04-16), Reasoning-tier from Azure OpenAI Service, costs $2.00 per 1M input tokens and $8.00 per 1M output tokens.

verified at the provider's own pricing page

Input$2.00per 1M tokens
Output$8.00per 1M tokens
Context window200Ktokens
TierReasoningAzure OpenAI Service

Price your own workload against o3 (2025-04-16) in the calculator →

Specs and pricing

ProviderAzure OpenAI Service
TierReasoning
Context window200K tokens
Max output—
Input price$2.00 / 1M tokens
Output price$8.00 / 1M tokens
Cache read$0.50 / 1M tokens
Modalitiestext

Note. Global Standard tier; USD per 1M tokens as published; Azure states o3 has a 200K token context window.

What it costs at realistic volumes

Assuming a 4:1 input:output token ratio, a common shape for chat and RAG-style workloads:

Volume (4:1 in:out ratio)Input costOutput costTotal / month
1,000,000 in / 250,000 out$2.00$2.00$4.00
10,000,000 in / 2,500,000 out$20.00$20.00$40.00
100,000,000 in / 25,000,000 out$200.00$200.00$400.00

Cheaper alternatives

Same tier (Reasoning), a different provider, and a lower blended cost at the 4:1 ratio used above:

ModelProvider$/1M in$/1M outAt the 4:1 ratio
Trinity Large (Thinking)Parasail$0.22$0.8589.2% cheaper blended
QwQ 32BCloudflare Workers AI$0.66$1.0077.3% cheaper blended
DeepSeek-R1-Distill-Llama-70BSambaNova$0.70$1.4073.8% cheaper blended
Kimi K2 ThinkingNovita AI$0.60$2.5069.4% cheaper blended
DeepSeek R1 0528Novita AI$0.70$2.5066.9% cheaper blended