OpenAI o3 vs DeepSeek Reasoner (R1)

Performance benchmarks + pricing comparison — updated April 2026

OpenAI o3

OpenAI

Next generation reasoning model. Improved coding and math over o1.

Input$10.00/M
Output$40.00/M
Context200K tokens
Best ForAdvanced coding, complex problem-solving
Benchmark85/100

DeepSeek Reasoner (R1)

DeepSeek

DeepSeek's reasoning model. Comparable to OpenAI's o1 but at much lower cost.

Input$0.550/M
Output$2.19/M
Context128K tokens
Best ForComplex reasoning, math, advanced coding
Benchmark72/100

Benchmark Performance Comparison

Third-party benchmark scores — higher is better. Data sourced from SWE-bench, LiveCodeBench, HumanEval, and BigCodeBench.

BenchmarkOpenAI o3DeepSeek Reasoner (R1)Leader
Overall Score 85 72 o3 leads by 13pts
SWE-bench Verified 82 68 o3 leads by 14pts
LiveCodeBench 88 76 o3 leads by 12pts
HumanEval 96 90 o3 leads by 6pts
BigCodeBench 74 56 o3 leads by 18pts

Cost Comparison by Scenario

Estimated cost per project with 30% cache hit rate. Actual costs may vary based on usage patterns.

ScenarioOpenAI o3DeepSeek Reasoner (R1)Savings
Small Script (1K lines) $1.55 $0.08 DeepSeek Reasoner (R1) saves $1.47 (95%)
Medium Feature (10K lines) $11.50 $0.63 DeepSeek Reasoner (R1) saves $10.87 (95%)
Large Project (50K lines) $57.50 $3.15 DeepSeek Reasoner (R1) saves $54.35 (95%)
Code Review (5K lines) $2.75 $0.15 DeepSeek Reasoner (R1) saves $2.60 (95%)

Value Analysis (Price per Benchmark Score Point)

Lower is better — how much you pay for each point of benchmark performance.

ModelOverall ScorePrice per Score PointVerdict
OpenAI o3 85 $0.167/pt Higher cost per point
DeepSeek Reasoner (R1) 72 $0.008/pt Better value

DeepSeek Reasoner (R1) delivers the best value at $0.008 per score point.

Strengths & Weaknesses

OpenAI o3

  • + Latest reasoning model
  • + Top-tier across all benchmarks
  • - Very expensive
  • - Slow

DeepSeek Reasoner (R1)

  • + Strong reasoning chain
  • + Good value
  • - Slow on simple tasks

Verdict

DeepSeek Reasoner (R1) is cheaper at $0.550/M, but OpenAI o3 scores higher on benchmarks (85 vs 72).

Choose DeepSeek Reasoner (R1) for cost-sensitive projects, OpenAI o3 when performance matters most.

Compare with Other Models