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DeepSeek V4 vs DeepSeek R2

DeepSeek vs DeepSeek. Specs, benchmarks, and real per-task cost — all in one page.

Verdict

DeepSeek V4 is ~5.5× cheaper on a 3:1 input:output blend.

DeepSeek
DeepSeek V4

The shock-the-market moment of 2026. Frontier coding quality at 1/50th the price of Opus.

Unbeatable $/qualityOpen weightsGreat at code
DeepSeek
DeepSeek R2

DeepSeek’s reasoning variant. Competes with o4 on math at a fraction of the cost.

Frontier math at open-weights pricingLong CoT traces
Pricing
Input / 1M$0.14$0.55
Output / 1M$0.28$2.19
Context128K128K
Max output16K64K
LicenseOpen weightsOpen weights
Released2026-02-202026-01-15
Benchmarks
LMSYS ELO1334.0
MMLU Pro85.487.8
HumanEval91.590.1
SWE-Bench54.1
MATH88.794.1
GPQA71.2
IFEval85.8
Per-task cost
Summarize a 1-hour meeting transcript$0.0022$0.0093
Review a 500-line pull request$0.0017$0.0088
Answer a customer support ticket$0.0006$0.0034
Extract structured data from a resume$0.0010$0.0049
Debug a stack trace with context$0.0014$0.0077

Per-call cost using published token counts for each task. Real-world prompts vary.