Phi-4 vs Qwen 2.5 Max: Pricing, Benchmarks & Verdict (2026)
⚡ Quick Answer
Phi-4 is significantly cheaper at $0.07/$0.14 per million tokens vs $0.16/$0.64. Qwen 2.5 Max is stronger for coding with a coding ELO of 1250 vs 1130. Phi-4 is faster at 160 tokens/sec vs 80 tokens/sec. Qwen 2.5 Max ranks higher overall with an Arena ELO of 1260 vs 1150. Qwen 2.5 Max offers a larger 128K context window vs 16K.
Updated: April 20, 2026 · ✓ Pricing verified
Side-by-Side Comparison
| Feature | Phi-4 | Qwen 2.5 Max |
|---|---|---|
| Provider | Microsoft | Alibaba |
| Input Price / 1M tokens | $0.065 | $0.160 |
| Output Price / 1M tokens | $0.140 | $0.640 |
| Context Window | 16.384K | 128K |
| Max Output Tokens | 4,096 | 8,192 |
| Arena ELO | 1,150 | 1,260 |
| Coding ELO | 1,130 | 1,250 |
| TTFT (ms) | 100 | 240 |
| Tokens/sec | 160 | 80 |
| Multimodal | No | No |
| JSON Mode | Yes | Yes |
| Function Calling | No | Yes |
| Vision | No | No |
Frequently Asked Questions
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