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Phi-3 Medium 128K vs Phi-4 Mini Reasoning

Phi-3 Medium 128K (2024) and Phi-4 Mini Reasoning (2026) are frontier reasoning models from Microsoft Research. Phi-3 Medium 128K ships a 128K-token context window, while Phi-4 Mini Reasoning ships a not-yet-sourced context window. This comparison covers specs, pricing, capabilities, benchmarks, provider availability, and production fit. It focuses on practical selection signals rather than broad model-family marketing. The goal is to make the tradeoff clear before deeper testing.

Phi-4 Mini Reasoning is safer overall; choose Phi-3 Medium 128K when provider fit matters.

Decision scorecard

Local evidence first
SignalPhi-3 Medium 128KPhi-4 Mini Reasoning
Decision fitCoding, Long context, and ClassificationGeneral
Context window128K
Cheapest output$1.5/1M tokens-
Provider routes2 tracked0 tracked
Shared benchmarks0 rows0 rows

Decision tradeoffs

Choose Phi-3 Medium 128K when...
  • Phi-3 Medium 128K has the larger context window for long prompts, retrieval packs, or transcript analysis.
  • Phi-3 Medium 128K has broader tracked provider coverage for fallback and procurement flexibility.
  • Local decision data tags Phi-3 Medium 128K for Coding, Long context, and Classification.
Choose Phi-4 Mini Reasoning when...
  • Phi-4 Mini Reasoning uniquely exposes Reasoning in local model data.

Monthly cost at traffic

Estimate token spend from the cheapest tracked input and output prices on this page.

Phi-3 Medium 128K

$775

Cheapest tracked route: Microsoft Foundry

Phi-4 Mini Reasoning

Unavailable

No complete token price in local provider data

Cost delta unavailable until both models have sourced input and output token prices.

Switch friction

Phi-3 Medium 128K -> Phi-4 Mini Reasoning
  • No overlapping tracked provider route is sourced for Phi-3 Medium 128K and Phi-4 Mini Reasoning; plan for SDK, billing, or endpoint changes.
  • Phi-4 Mini Reasoning adds Reasoning in local capability data.
Phi-4 Mini Reasoning -> Phi-3 Medium 128K
  • No overlapping tracked provider route is sourced for Phi-4 Mini Reasoning and Phi-3 Medium 128K; plan for SDK, billing, or endpoint changes.
  • Check replacement coverage for Reasoning before moving production traffic.

Specs

Specification
Released2024-05-212026-05-16
Context window128K
Parameters14B
Architecturedecoder only-
LicenseOpen SourceProprietary
Knowledge cutoff--

Pricing and availability

Pricing attributePhi-3 Medium 128KPhi-4 Mini Reasoning
Input price$0.5/1M tokens-
Output price$1.5/1M tokens-
Providers-

Capabilities

CapabilityPhi-3 Medium 128KPhi-4 Mini Reasoning
VisionNoNo
MultimodalNoNo
ReasoningNoYes
Function callingNoNo
Tool useNoNo
Structured outputsNoNo
Code executionNoNo

Benchmarks

No shared benchmark rows are currently sourced for this pair.

Deep dive

The capability footprint differs most on reasoning mode: Phi-4 Mini Reasoning. Both models share the core language-model surface, so the practical split is not just feature count. Use those differences to decide whether the page is about raw model quality, agentic coding support, multimodal ingestion, or predictable structured API behavior.

Pricing coverage is uneven: Phi-3 Medium 128K has $0.5/1M input tokens and Phi-4 Mini Reasoning has no token price sourced yet. Provider availability is 2 tracked routes versus 0. Treat unknown pricing as an integration gap, then verify the route you will actually call before estimating production spend.

Choose Phi-3 Medium 128K when provider fit and broader provider choice are central to the workload. Choose Phi-4 Mini Reasoning when reasoning depth are more important. For production, rerun your own prompts through the exact provider, region, and tool stack you plan to ship. This keeps the decision grounded in measurable tradeoffs instead of brand-level assumptions. It also helps separate model capability from provider packaging, which can change cost and latency. For teams standardizing a stack, that distinction is often the difference between a benchmark win and a reliable deployment.

FAQ

Is Phi-3 Medium 128K or Phi-4 Mini Reasoning open source?

Phi-3 Medium 128K is listed under Open Source. Phi-4 Mini Reasoning is listed under Proprietary. License labels affect whether you can self-host, redistribute weights, or rely only on hosted APIs, so confirm the upstream license before deployment.

Which is better for reasoning mode, Phi-3 Medium 128K or Phi-4 Mini Reasoning?

Phi-4 Mini Reasoning has the clearer documented reasoning mode signal in this comparison. If reasoning mode is mission-critical, validate it against the provider endpoint because model-level support and API-level exposure can differ.

Where can I run Phi-3 Medium 128K and Phi-4 Mini Reasoning?

Phi-3 Medium 128K is available on Microsoft Foundry and NVIDIA NIM. Phi-4 Mini Reasoning is available on the tracked providers still being sourced. Provider coverage can affect latency, region availability, compliance posture, and fallback options.

When should I pick Phi-3 Medium 128K over Phi-4 Mini Reasoning?

Phi-4 Mini Reasoning is safer overall; choose Phi-3 Medium 128K when provider fit matters. If your workload also depends on provider fit, start with Phi-3 Medium 128K; if it depends on reasoning depth, run the same evaluation with Phi-4 Mini Reasoning.

Continue comparing

Last reviewed: 2026-05-16. Data sourced from public model cards and provider documentation.