Both have 24 GB of memory. The P40 has 15% more bandwidth and is cheaper right now.

At a glance

Memory

Identical

L4
24 GB
P40
24 GB

Memory bandwidth

15% higher on P40

L4
300 GB/s
P40
346 GB/s

Cheapest on-demand

67% cheaper on P40

L4
$0.32 /GPU/hr
P40
$0.11 /GPU/hr

Price comparison

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

Billing L4 P40 Difference
On-demand $0.88 /GPU/hr from $0.32 -- /GPU/hr from $0.11
Reserved $0.52 /GPU/hr from $0.32 (36 mo) No reserved listings
Spot $0.41 /GPU/hr from $0.13 -- /GPU/hr from $0.07

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 and spot on the P40: 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 P40 price history

Weekly median on-demand price per GPU per hour

Last 13 months
Aggregating historical prices...

Specs comparison

Spec L4 P40 Difference
Memory
Capacity 24 GB GDDR6 24 GB GDDR5 Identical
Bandwidth 300 GB/s 346 GB/s 15% higher on P40
Bus width 192-bit 384-bit 2x wider on P40
Compute · dense
FP8 242 TFLOPS Not supported L4 only
FP16 / BF16 121 TFLOPS
INT8 242 TOPS 47 TOPS 5.1x higher on L4
FP32 30.3 TFLOPS 12 TFLOPS 2.5x higher on L4
Platform
Interconnect PCIe only PCIe only
Board power 72 W 250 W 3.5x higher on P40
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 P40 datasheet.

Where to rent them

Providers that rent these GPUs, with each one's cheapest rate. Providers that rent both are listed first.

21 providers list the L4 and 1 the P40. Every listing is on the L4 page and the P40 page.

Similar GPUs

Other comparisons in the same class.

Our data for Nvidia L4 was last updated on Sept. 14, 2026, and for Nvidia P40 on Sept. 14, 2026.