OpenAI Commercial APIStatus: active

OpenAI o3-mini

Next-generation cost-efficient reasoning model optimized for STEM, competitive math, and coding.

Released: Jan 31, 2025
Last Verified: Aug 10, 2026
Context Window

200k

Tokens

Max Output

100k

Output limit

Architecture

Reinforcement Learning Reasoning Model

Model family

Parameters

Not Disclosed

Total / Active

Input Token Cost

$1.10

Per 1M tokens

Output Token Cost

$4.40

Per 1M tokens

Model Overview

OpenAI o3-mini delivers frontier-class reasoning performance matching or exceeding o1-preview on coding and math while operating at 90% lower pricing. Supports adjustable reasoning effort (`low`, `medium`, `high`), tool calling, structured outputs, and developer message control.

Developer Implementation Notes

Supports reasoning effort parameter. High reasoning effort scores 87.3% on AIME 2024 at just $1.10/$4.40 per MTok.

Key Strengths

  • Exceptional cost-to-reasoning ratio ($1.10 / $4.40 per MTok)
  • 87.3% on AIME 2024 (high effort)
  • Full support for tool calling, structured output, and developer messages
  • Fast time-to-first-token in low/medium reasoning modes

Limitations & Boundaries

  • Text-only model; vision inputs are not supported
  • Reasoning token usage consumes output token budget

Capabilities & Modalities

Modalities:text
Reasoning Chains:Supported
Tool / Function Calling:Supported
Structured Outputs:Supported
Fine-Tuning:No
Local Deployment:Cloud Only

Best Production Use Cases

  • Competitive math & algorithmic coding pipelines
  • Automated code review & unit test synthesis
  • High-complexity agent reasoning steps at affordable cost

Verified Benchmark Results

Standardized evaluations with methodology notes and authoritative citation links.

View all industry benchmarks →
Reasoning & Math Official
AIME (2024/2025)

87.3%

Pass@1 with high reasoning effort (13.1/15 problems solved)

Coding Official
SWE-bench Verified

49.3%

Pass@1 with high reasoning effort

Coding Official
LiveCodeBench

68.2%

Pass@1 with high reasoning effort

Reasoning & Math Official
GPQA Diamond

77.0%

Zero-shot with high reasoning effort

Tool & Agentic Official
BFCL (Berkeley Function Calling)

90.1%

Tool-calling evaluation with reasoning effort enabled

Pricing & Inference Cost Calculator

Token Cost Estimator – OpenAI o3-mini

Calculate projected inference spend with prompt caching

Quick Workload Presets

Input Tokens / Req2,000
100100k200k
Output Tokens / Req500
5016k32k
Number of Requests1,000
125k50k
Cache Hit Rate0%
0% (No cache)50%90% (Max)
Total Input Spend

$2.2000

2.00M input tokens

Total Output Spend

$2.2000

0.50M output tokens

Estimated Total Cost

$4.40

Avg: $0.00440 / req

Rates: $1.10 in / $4.40 out per million tokens (OpenAI API)Last verified: Aug 10, 2026

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Data Accuracy & Verification Notice

AI model specifications, pricing records, and benchmark metrics published on this platform are compiled directly from authoritative sources (official provider documentation, research papers, and verified evaluation harnesses). Benchmark results reflect specific test harnesses and prompting methodologies; scores are not directly comparable across differing evaluation setups.