The leaf photosynthesis models developed by Farquhar et al. (1980, https://doi.org/10.1007/BF00386231) (FvCB) and Goudriaan et al. (1985, https://doi.org/10.1007/978-1-4899-3665-3_10) (G85) are both used in Earth system and weather models to quantify ecosystem carbon assimilation. Despite their common role, a systematic comparison between these two photosynthesis models is currently lacking in scientific literature. In this technical report we compared the two models in a systematic way. Hereto we performed a comparative analysis of the model structures as well as the modeled responses of photosynthesis to light and CO2 at leaf level. To facilitate future model comparison, we also constructed a lookup table that presents FvCB model parameters fitted to CO2‐response curves from G85 in a wide natural range in photosynthetic capacity at standardized temperature. The structure of the FvCB model differs fundamentally from the G85 model as the FvCB model considers rate‐limiting processes due to Rubisco capacity, electron transport and triose phosphate utilization in parallel, whereas the G85 model considers Rubisco activity and triose phosphate utilization limitation to act in series scaled with quantum use efficiency. The models also differ fundamentally in terms of the parametrization of dark respiration. Still, both models calculate near‐similar responses of photosynthesis to changes in light and CO2 across a wide range in photosynthetic capacity with only two free parameters each. Our work thereby highlights functional similarities between these model approaches despite fundamental differences in model structure. Hence, standardized parameter sets that yield similar photosynthesis responses to light and CO2 may facilitate intercomparison of Earth system and weather models.