The L4 is newer, with 3x the memory and 56% more bandwidth, and is cheaper right now.

At a glance

Memory

3x more on L4

L4
24 GB
P4
8 GB

Memory bandwidth

56% higher on L4

L4
300 GB/s
P4
192 GB/s

Cheapest on-demand

51% cheaper on L4

L4
$0.32 /GPU/hr
P4
$0.65 /GPU/hr

Price comparison

Median price per GPU per hour by billing type, with the cheapest listing under it.

Billing L4 P4 Difference
On-demand $0.88 /GPU/hr from $0.32 -- /GPU/hr from $0.65
Reserved $0.52 /GPU/hr from $0.32 (36 mo) -- /GPU/hr from $0.34 (36 mo)
Spot $0.41 /GPU/hr from $0.13 -- /GPU/hr from $0.11

Heads up: A provider's own page may quote a different figure, for example on tax, region or a promotion. A monthly-only plan shows a derived hourly rate. Medians are across providers, one vote each, so a large catalog does not outweigh a small one. No median for on-demand, reserved and spot on the P4: we only show one when at least 3 providers list the GPU on that billing type. Verify before provisioning. More on how we price.

Price history

L4 vs P4 price history

Weekly median on-demand price per GPU per hour

Last 12 months
Aggregating historical prices...

Specs comparison

Spec L4 P4 Difference
Memory
Capacity 24 GB GDDR6 8 GB GDDR5 3x more on L4
Bandwidth 300 GB/s 192 GB/s 56% higher on L4
Bus width 192-bit 256-bit 33% wider on P4
Compute · dense
FP8 242 TFLOPS Not supported L4 only
FP16 / BF16 121 TFLOPS
INT8 242 TOPS 22 TOPS 11x higher on L4
FP32 30.3 TFLOPS 5.5 TFLOPS 5.5x higher on L4
Platform
Interconnect PCIe only PCIe only
Board power 72 W 75 W Within 5%
Released Q1 2023 Q3 2016 6 years newer on L4
Precision
Supported formats FP8FP16BF16TF32FP32INT4INT8 FP16FP32INT8

Compute: Vendor peak figures, dense and per GPU. Not measured throughput.

Source: L4 datasheet and P4 datasheet.

Where to rent them

Providers that rent these GPUs, with each one's cheapest rate. No provider we track offers both right now.

21 providers list the L4 and 1 the P4. Every listing is on the L4 page and the P4 page.

Similar GPUs

Other comparisons in the same class.

Our data for Nvidia L4 was last updated on Sept. 14, 2026, and for Nvidia P4 on Sept. 14, 2026.