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Comparison · 3 models · Updated Nov 2, 2026

Phi-4-mini vs Phi-4-multimodal-instruct vs Reka Flash 3

Phi-4-multimodal-instruct comes out ahead, 72 to 56 and 50 on our weighted score, and it is the cheaper option too.

  1. Microsoft

    Phi-4-mini

    Released Feb 26, 2025

    56/100
    • ECI—
    • Price$0.075 / $0.30
    • Context128K
  2. Our pick

    Microsoft

    Phi-4-multimodal-instruct

    Released Feb 26, 2025

    72/100
    • ECI—
    • Price$0.07 / $0.11
    • Context131K
  3. Reka AI

    Reka Flash 3

    Released Mar 10, 2025

    50/100
    • ECI—
    • Price$0.10 / $0.20
    • Context66K
01 — Verdict

Phi-4-multimodal-instruct is our pick

Phi-4-multimodal-instruct is the better all-round choice, scoring 72/100 against Phi-4-mini (56) and Reka Flash 3 (50). It leads on price and inputs & features. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

  • CapabilityNot enough dataNo independent benchmark covers every model here yet
  • Lowest pricePhi-4-multimodal-instructPhi-4-multimodal-instruct $0.08 · Reka Flash 3 $0.125 · Phi-4-mini $0.131 per 1M tokens (3:1 blend)
  • Longest contextPhi-4-multimodal-instructPhi-4-multimodal-instruct 131,072 · Phi-4-mini 128,000 · Reka Flash 3 65,536 tokens
  • Widest inputsPhi-4-multimodal-instructPhi-4-mini: Text · Phi-4-multimodal-instruct: Text, Images, Audio · Reka Flash 3: Text
  • Self-hostingAll open weightsEvery model here can be downloaded and run on your own hardware
How the score is built
MeasureWeightPhi-4-miniPhi-4-multimodal-instructReka Flash 3
Price50%889889
Inputs & features30%256010
Context window20%242512
Overall100%56/10072/10050/100

Left out because at least one model lacks the data: capability. The remaining weights were rescaled.

02 — Side by side

Every spec in one table

Highlighted cells lead their row. Dashes mean the data is not published.

Phi-4-mini vs Phi-4-multimodal-instruct vs Reka Flash 3 specifications side by side
SpecificationPhi-4-miniMicrosoftPhi-4-multimodal-instructMicrosoftReka Flash 3Reka AI
Capability
Capabilities Index (ECI)———
ECI rank———
Price per million tokens
Input$0.075$0.07 (best)$0.10
Output$0.30$0.11 (best)$0.20
Cached input———
Blended (3:1)$0.131$0.08 (best)$0.125
Long-context rateSame rateSame rateSame rate
Price sourceOfficial Azure APIMedian of 1 providersMedian of 3 providers
Limits
Context window128,000 tokens131,072 tokens (best)65,536 tokens
Max output4,096 tokens131,072 tokens (best)58,982 tokens
Inputs and features
TextYesYesYes
ImagesNoYesNo
PDFsNoNoNo
AudioNoYesNo
VideoNoNoNo
ReasoningNoNoYes
Tool callingYesYesNo
Structured outputNoNoNo
Availability
WeightsOpenOpenMITOpen
API model IDphi-4-mini——
API providers213 (best)
ReleasedFeb 26, 2025Feb 26, 2025Mar 10, 2025
Knowledge cutoffJun 2024Jun 2024Jan 31, 2025
03 — Cost

What would a month cost?

Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.

  • Phi-4-mini$1.35
  • Phi-4-multimodal-instruct$0.92
  • Reka Flash 3$1.40
04 — Questions

Which should you choose?

Which is better: Phi-4-mini, Phi-4-multimodal-instruct or Reka Flash 3?

Phi-4-multimodal-instruct is the better all-round choice, scoring 72/100 against Phi-4-mini (56) and Reka Flash 3 (50). It leads on price and inputs & features. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

Which is cheaper, Phi-4-mini, Phi-4-multimodal-instruct or Reka Flash 3?

Phi-4-multimodal-instruct is cheaper at $0.07 input / $0.11 output per million tokens (median across 1 API provider). Reka Flash 3 costs $0.10 input / $0.20 output per million tokens (median across 3 API providers); Phi-4-mini costs $0.075 input / $0.30 output per million tokens (official Azure API price). At a typical mix of three input tokens to one output token, that is $0.08 per million tokens for Phi-4-multimodal-instruct versus $0.125 for Reka Flash 3 (1.6× as much) and $0.131 for Phi-4-mini (1.6× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers all three models yet. Phi-4-mini has not been scored yet, Phi-4-multimodal-instruct has not been scored yet and Reka Flash 3 has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Phi-4-mini, Phi-4-multimodal-instruct and Reka Flash 3 yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. Note that Reka Flash 3 does not support tool calling, which most coding agents need.

Which has the bigger context window?

Phi-4-multimodal-instruct has the largest context window at 131,072 tokens, against 128,000 for Phi-4-mini and 65,536 for Reka Flash 3. Maximum output per response: Phi-4-mini up to 4,096, Phi-4-multimodal-instruct up to 131,072, Reka Flash 3 up to 58,982 tokens.

Which can read images, PDFs, audio or video?

Phi-4-mini accepts text; Phi-4-multimodal-instruct accepts text, images and audio; Reka Flash 3 accepts text. Phi-4-multimodal-instruct handles the widest range of inputs.

Are any of these open source?

Yes, all three publish their weights (MIT), so you can self-host them.

Which is newer?

Reka Flash 3 is the newest, released Mar 10, 2025. Phi-4-mini came out Feb 26, 2025; Phi-4-multimodal-instruct came out Feb 26, 2025. Knowledge cutoff: Phi-4-mini Jun 2024, Phi-4-multimodal-instruct Jun 2024, Reka Flash 3 Jan 31, 2025.

How do you decide the winner?

Each model gets a 0–100 score on capability (50%, independent benchmark results); price (25%, blended price per million tokens (3 input : 1 output), log scale); inputs & features (15%, image, PDF, audio and video input, tool calling, structured output and reasoning); context window (10%, maximum tokens per request, log scale). Dimensions missing for any model are dropped and the remaining weights rescaled, so every model is judged on the same evidence. Specs and prices come from public model listings and the labs’ own API pages; capability scores come from independent benchmark runs. Data updated Nov 2, 2026.