Side-by-side comparison of pricing, 12 benchmarks, and generation speed.
| Metric | Phi-4 | Qwen3 32B (Reasoning) |
|---|---|---|
| Input ($/M tokens) | $0.125 | $0.195 |
| Output ($/M tokens) | $0.5 | $0.52 |
Data from Artificial Analysis API — 12 benchmarks
Phi-4 is cheaper overall. Its blended price (3:1 input/output ratio) is $0.22/M tokens vs $0.28/M for Qwen3 32B (Reasoning).
Qwen3 32B (Reasoning) wins 11 out of 12 benchmarks compared to 1 for Phi-4. See the detailed benchmark chart above for per-category results.
Qwen3 32B (Reasoning) generates tokens faster at 104 tok/s vs 38 tok/s. Phi-4 also has lower time-to-first-token (0.49s vs 1.17s).
Choose based on your priorities: Phi-4 for lower cost, Qwen3 32B (Reasoning) for stronger benchmark performance, and Qwen3 32B (Reasoning) for faster generation. For latency-sensitive apps, check the TTFT comparison above.