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
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.
| Provider | L4 | P40 |
|---|---|---|
|
|
$0.32 /GPU/hr On-demand | $0.11 /GPU/hr On-demand |
|
|
$0.33 /GPU/hr On-demand | -- |
|
|
$0.44 /GPU/hr On-demand | -- |
|
|
$0.49 /GPU/hr On-demand | -- |
|
|
$0.69 /GPU/hr On-demand | -- |
|
|
$0.89 /GPU/hr On-demand | -- |
|
|
$1.04 /GPU/hr On-demand | -- |
|
|
$1.23 /GPU/hr On-demand PCIe | -- |
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.
-
Nvidia T4
16 GB GDDR6 · released Q3 2018
From $0.15 /GPU/hr Compare -
Nvidia A10
24 GB GDDR6 · 2x the bandwidth of the L4
From $1.00 /GPU/hr Compare -
Nvidia L40
48 GB GDDR6 · 2.9x the bandwidth of the L4
From $0.46 /GPU/hr Compare
Our data for Nvidia L4 was last updated on Sept. 14, 2026, and for Nvidia P40 on Sept. 14, 2026.