The L40 is newer, with 6x the memory and 4.5x the bandwidth, and is cheaper right now.
At a glance
Memory
6x more on L40
- L40
- 48 GB
- P4
- 8 GB
Memory bandwidth
4.5x higher on L40
- L40
- 864 GB/s
- P4
- 192 GB/s
Cheapest on-demand
30% cheaper on L40
- L40
- $0.46 /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 | L40 | P4 | Difference |
|---|---|---|---|
| On-demand | $1.05 /GPU/hr from $0.46 | -- /GPU/hr from $0.65 | |
| Reserved | -- /GPU/hr from $0.70 | -- /GPU/hr from $0.34 (36 mo) | |
| Spot | $0.78 /GPU/hr from $0.40 | -- /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 reserved on the L40 and 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
L40 vs P4 price history
Weekly median on-demand price per GPU per hour
Specs comparison
| Spec | L40 | P4 | Difference |
|---|---|---|---|
| Memory | |||
| Capacity | 48 GB GDDR6 | 8 GB GDDR5 | 6x more on L40 |
| Bandwidth | 864 GB/s | 192 GB/s | 4.5x higher on L40 |
| Bus width | 384-bit | 256-bit | 50% wider on L40 |
| Compute · dense | |||
| FP8 | 362 TFLOPS | Not supported | L40 only |
| FP16 / BF16 | 181.1 TFLOPS | ||
| INT8 | 362 TOPS | 22 TOPS | 16x higher on L40 |
| FP32 | 90.5 TFLOPS | 5.5 TFLOPS | 16x higher on L40 |
| Platform | |||
| Interconnect | PCIe only | PCIe only | |
| Board power | 300 W | 75 W | 4x higher on L40 |
| Released | Q4 2022 | Q3 2016 | 6 years newer on L40 |
| Precision | |||
| Supported formats | FP8FP16BF16TF32FP32INT4INT8 | FP16FP32INT8 | |
Compute: Vendor peak figures, dense and per GPU. Not measured throughput.
Source: L40 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.
| Provider | L40 | P4 |
|---|---|---|
|
|
$0.46 /GPU/hr On-demand | -- |
|
|
$0.78 /GPU/hr On-demand | -- |
|
|
$0.79 /GPU/hr On-demand | -- |
|
|
$0.82 /GPU/hr On-demand | -- |
|
|
$0.86 /GPU/hr On-demand | -- |
|
|
$1.00 /GPU/hr On-demand | -- |
|
|
$1.05 /GPU/hr On-demand PCIe | -- |
|
|
$1.06 /GPU/hr On-demand PCIe | -- |
|
|
-- | $0.65 /GPU/hr On-demand |
13 providers list the L40 and 1 the P4. Every listing is on the L40 page and the P4 page.
Similar GPUs
Other comparisons in the same class.
-
Nvidia A100
80 GB HBM2e · 2.2x the bandwidth of the L40
From $0.40 /GPU/hr Compare -
Nvidia L40S
48 GB GDDR6 · released Q3 2023
From $0.54 /GPU/hr Compare -
Nvidia A40
48 GB GDDR6 · 19% less bandwidth than the L40
From $0.28 /GPU/hr Compare -
Nvidia L4
24 GB GDDR6 · 56% more bandwidth than the P4
From $0.27 /GPU/hr Compare -
Nvidia T4
16 GB GDDR6 · 56% more bandwidth than the P4
From $0.10 /GPU/hr Compare
Our data for Nvidia L40 was last updated on Sept. 14, 2026, and for Nvidia P4 on Sept. 14, 2026.