Claude Haiku 5.5 (Max) (Anthropic) and Gemini 4 Argon (High) (Google) are not peers on the headline index, which makes the trade-offs the interesting part. Everything below is read from the benchmark, price and speed data in Franklin AI's catalogue; nothing here comes from a hands-on test. The clearest gap is on the bill: Gemini 4 Argon is 40 times the blended price of Claude Haiku 5.5 Max.
Cost: Claude Haiku 5.5 Max is cheaper
Claude Haiku 5.5 Max lists $0.10 per million input tokens and $0.50 per million output tokens; Gemini 4 Argon lists $4.00 and $20.00. For output tokens, Gemini 4 Argon is 40 times the price of Claude Haiku 5.5 Max.
For a sample workload of 1 million input tokens and 200,000 output tokens, Claude Haiku 5.5 Max would cost $0.20 and Gemini 4 Argon $8.00, a difference of $7.80. For a chat app with 50,000 sessions of 800 input and 300 output tokens, Claude Haiku 5.5 Max would come in 98% lower: $11.50 for Claude Haiku 5.5 Max against $460 for Gemini 4 Argon. Blended at three input tokens per output token, the effective rates are $0.20 for Claude Haiku 5.5 Max and $8.00 for Gemini 4 Argon.
Speed and latency
Once a response is under way, Claude Haiku 5.5 Max produces roughly 233 tokens per second against 89 tokens per second for Gemini 4 Argon. Claude Haiku 5.5 Max is ahead by 161% on throughput. The wait for the first token averages 4.6 minutes on Claude Haiku 5.5 Max against 51 seconds on Gemini 4 Argon. On total time, Gemini 4 Argon wins at ordinary lengths; Claude Haiku 5.5 Max's higher throughput only pays off beyond about 33,000 tokens. A first-token wait of that length suits background work better than live conversation.
For a 1,000-token response, first token plus generation comes to roughly 4.7 minutes on Claude Haiku 5.5 Max and 62 seconds on Gemini 4 Argon.
Overall capability: 13.9 points apart
On the intelligence index, Claude Haiku 5.5 Max scores 36.5 against 50.4 for Gemini 4 Argon. A difference this size usually separates one tier of model from the next.
Among 109 active scored models, Claude Haiku 5.5 Max sits 37th and Gemini 4 Argon 15th.
The catalogue does not yet split either model's score into coding and math indexes.
Release timing
The release dates are September 30, 2026 for Gemini 4 Argon and October 7, 2026 for Claude Haiku 5.5 Max, 7 days apart. That is close enough to count them as the same generation.
Cost per point of intelligence
Per point of intelligence index, Claude Haiku 5.5 Max costs $0.0055 of blended price per million tokens and Gemini 4 Argon $0.16. So Gemini 4 Argon buys its higher score at a premium, while Claude Haiku 5.5 Max is the value pick, paying 97% less per point.

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