diff --git a/codex-rs/core/src/tools/handlers/current_time.rs b/codex-rs/core/src/tools/handlers/current_time.rs
index 4cd410595e..5d48896011 100644
--- a/codex-rs/core/src/tools/handlers/current_time.rs
+++ b/codex-rs/core/src/tools/handlers/current_time.rs
@@ -75,7 +75,7 @@ impl ToolExecutor<ToolInvocation> for CurrentTimeHandler {
                     },
                     "required": ["current_time"],
                     "additionalProperties": false
-                })),
+                }).into()),
             })],
         })
     }
diff --git a/codex-rs/core/src/tools/handlers/get_context_remaining_spec.rs b/codex-rs/core/src/tools/handlers/get_context_remaining_spec.rs
index 4ff54243f1..102dfbd138 100644
--- a/codex-rs/core/src/tools/handlers/get_context_remaining_spec.rs
+++ b/codex-rs/core/src/tools/handlers/get_context_remaining_spec.rs
@@ -14,7 +14,7 @@ pub fn create_get_context_remaining_tool() -> ToolSpec {
         strict: false,
         defer_loading: None,
         parameters: JsonSchema::object(BTreeMap::new(), /*required*/ None, Some(false.into())),
-        output_schema: Some(get_context_remaining_output_schema()),
+        output_schema: Some(get_context_remaining_output_schema().into()),
     })
 }
 
diff --git a/codex-rs/core/src/tools/handlers/multi_agents_spec.rs b/codex-rs/core/src/tools/handlers/multi_agents_spec.rs
index 8d9d48ef3d..2e11d899b7 100644
--- a/codex-rs/core/src/tools/handlers/multi_agents_spec.rs
+++ b/codex-rs/core/src/tools/handlers/multi_agents_spec.rs
@@ -92,7 +92,7 @@ pub fn create_spawn_agent_tool_v1(options: SpawnAgentToolOptions) -> ToolSpec {
             strict: false,
             defer_loading: None,
             parameters: JsonSchema::object(properties, /*required*/ None, Some(false.into())),
-            output_schema: Some(spawn_agent_output_schema_v1()),
+            output_schema: Some(spawn_agent_output_schema_v1().into()),
         })],
     })
 }
@@ -134,9 +134,9 @@ pub fn create_spawn_agent_tool_v2(options: SpawnAgentToolOptions) -> ToolSpec {
             Some(vec!["task_name".to_string(), "message".to_string()]),
             Some(false.into()),
         ),
-        output_schema: Some(spawn_agent_output_schema_v2(
-            options.hide_agent_type_model_reasoning,
-        )),
+        output_schema: Some(
+            spawn_agent_output_schema_v2(options.hide_agent_type_model_reasoning).into(),
+        ),
     })
 }
 
@@ -173,7 +173,7 @@ pub fn create_send_input_tool_v1() -> ToolSpec {
             strict: false,
             defer_loading: None,
             parameters: JsonSchema::object(properties, Some(vec!["target".to_string()]), Some(false.into())),
-            output_schema: Some(send_input_output_schema()),
+            output_schema: Some(send_input_output_schema().into()),
         })],
     })
 }
@@ -256,7 +256,7 @@ pub fn create_resume_agent_tool() -> ToolSpec {
             strict: false,
             defer_loading: None,
             parameters: JsonSchema::object(properties, Some(vec!["id".to_string()]), Some(false.into())),
-            output_schema: Some(resume_agent_output_schema()),
+            output_schema: Some(resume_agent_output_schema().into()),
         })],
     })
 }
@@ -272,7 +272,7 @@ pub fn create_wait_agent_tool_v1(options: WaitAgentTimeoutOptions) -> ToolSpec {
             strict: false,
             defer_loading: None,
             parameters: wait_agent_tool_parameters_v1(options),
-            output_schema: Some(wait_output_schema_v1()),
+            output_schema: Some(wait_output_schema_v1().into()),
         })],
     })
 }
@@ -285,7 +285,7 @@ pub fn create_wait_agent_tool_v2(options: WaitAgentTimeoutOptions) -> ToolSpec {
         strict: false,
         defer_loading: None,
         parameters: wait_agent_tool_parameters_v2(options),
-        output_schema: Some(wait_output_schema_v2()),
+        output_schema: Some(wait_output_schema_v2().into()),
     })
 }
 
@@ -306,7 +306,7 @@ pub fn create_list_agents_tool() -> ToolSpec {
         strict: false,
         defer_loading: None,
         parameters: JsonSchema::object(properties, /*required*/ None, Some(false.into())),
-        output_schema: Some(list_agents_output_schema()),
+        output_schema: Some(list_agents_output_schema().into()),
     })
 }
 
@@ -325,9 +325,12 @@ pub fn create_close_agent_tool_v1() -> ToolSpec {
             strict: false,
             defer_loading: None,
             parameters: JsonSchema::object(properties, Some(vec!["target".to_string()]), Some(false.into())),
-            output_schema: Some(agent_previous_status_output_schema(
-                "The agent status observed before shutdown was requested.",
-            )),
+            output_schema: Some(
+                agent_previous_status_output_schema(
+                    "The agent status observed before shutdown was requested.",
+                )
+                .into(),
+            ),
         })],
     })
 }
@@ -346,9 +349,12 @@ pub fn create_interrupt_agent_tool_v2() -> ToolSpec {
         strict: false,
         defer_loading: None,
         parameters: JsonSchema::object(properties, Some(vec!["target".to_string()]), Some(false.into())),
-        output_schema: Some(agent_previous_status_output_schema(
-            "The agent status observed before the interrupt request was handled.",
-        )),
+        output_schema: Some(
+            agent_previous_status_output_schema(
+                "The agent status observed before the interrupt request was handled.",
+            )
+            .into(),
+        ),
     })
 }
 
diff --git a/codex-rs/core/src/tools/handlers/multi_agents_spec_tests.rs b/codex-rs/core/src/tools/handlers/multi_agents_spec_tests.rs
index e789a55da8..888a11376a 100644
--- a/codex-rs/core/src/tools/handlers/multi_agents_spec_tests.rs
+++ b/codex-rs/core/src/tools/handlers/multi_agents_spec_tests.rs
@@ -122,7 +122,7 @@ fn spawn_agent_tool_v2_requires_task_name_and_lists_visible_models() {
         Some(&vec!["task_name".to_string(), "message".to_string()])
     );
     assert_eq!(
-        output_schema.expect("spawn_agent output schema")["required"],
+        output_schema.expect("spawn_agent output schema").to_value()["required"],
         json!(["task_name", "nickname"])
     );
 }
@@ -416,7 +416,7 @@ fn wait_agent_tool_v2_uses_timeout_only_summary_output() {
     );
     assert_eq!(parameters.required.as_ref(), None);
     assert_eq!(
-        output_schema.expect("wait output schema")["properties"]["message"]["description"],
+        output_schema.expect("wait output schema").to_value()["properties"]["message"]["description"],
         json!(
             "Brief wait summary without the agent's final content, including any timeout adjustment."
         )
@@ -449,7 +449,8 @@ fn list_agents_tool_includes_path_prefix_and_agent_fields() {
         Some("Task-path prefix filter without a trailing slash. Omit to list all live agents.")
     );
     assert_eq!(
-        output_schema.expect("list_agents output schema")["properties"]["agents"]["items"]["required"],
+        output_schema.expect("list_agents output schema").to_value()["properties"]["agents"]["items"]
+            ["required"],
         json!(["agent_name", "agent_status"])
     );
 }
@@ -462,8 +463,8 @@ fn list_agents_tool_status_schema_includes_interrupted() {
     };
 
     assert_eq!(
-        output_schema.expect("list_agents output schema")["properties"]["agents"]["items"]["properties"]
-            ["agent_status"]["allOf"][0]["oneOf"][0]["enum"],
+        output_schema.expect("list_agents output schema").to_value()["properties"]["agents"]["items"]
+            ["properties"]["agent_status"]["allOf"][0]["oneOf"][0]["enum"],
         json!([
             "pending_init",
             "running",
diff --git a/codex-rs/core/src/tools/handlers/shell_spec.rs b/codex-rs/core/src/tools/handlers/shell_spec.rs
index b39408a375..cabe62cbe8 100644
--- a/codex-rs/core/src/tools/handlers/shell_spec.rs
+++ b/codex-rs/core/src/tools/handlers/shell_spec.rs
@@ -110,7 +110,7 @@ pub(crate) fn create_exec_command_tool_with_environment_id(
             Some(vec!["cmd".to_string()]),
             Some(false.into()),
         ),
-        output_schema: Some(unified_exec_output_schema()),
+        output_schema: Some(unified_exec_output_schema().into()),
     })
 }
 
@@ -154,7 +154,7 @@ pub fn create_write_stdin_tool() -> ToolSpec {
             Some(vec!["session_id".to_string()]),
             Some(false.into()),
         ),
-        output_schema: Some(unified_exec_output_schema()),
+        output_schema: Some(unified_exec_output_schema().into()),
     })
 }
 
diff --git a/codex-rs/core/src/tools/handlers/shell_spec_tests.rs b/codex-rs/core/src/tools/handlers/shell_spec_tests.rs
index 000add0bbd..ee2886a159 100644
--- a/codex-rs/core/src/tools/handlers/shell_spec_tests.rs
+++ b/codex-rs/core/src/tools/handlers/shell_spec_tests.rs
@@ -93,7 +93,7 @@ fn exec_command_tool_matches_expected_spec() {
                 Some(vec!["cmd".to_string()]),
                 Some(false.into())
             ),
-            output_schema: Some(unified_exec_output_schema()),
+            output_schema: Some(unified_exec_output_schema().into()),
         })
     );
 }
@@ -159,7 +159,7 @@ fn write_stdin_tool_matches_expected_spec() {
                 Some(vec!["session_id".to_string()]),
                 Some(false.into())
             ),
-            output_schema: Some(unified_exec_output_schema()),
+            output_schema: Some(unified_exec_output_schema().into()),
         })
     );
 }
diff --git a/codex-rs/core/src/tools/handlers/unified_exec/exec_command.rs b/codex-rs/core/src/tools/handlers/unified_exec/exec_command.rs
index 37c0f3c823..0a026fbb6d 100644
--- a/codex-rs/core/src/tools/handlers/unified_exec/exec_command.rs
+++ b/codex-rs/core/src/tools/handlers/unified_exec/exec_command.rs
@@ -501,14 +501,16 @@ fn one_shot_exec_command_spec(spec: ToolSpec) -> ToolSpec {
             "Maximum command runtime. Defaults to 10000 ms.".to_string(),
         )),
     );
-    if let Some(output_properties) = spec
-        .output_schema
-        .as_mut()
-        .and_then(|schema| schema.get_mut("properties"))
-        .and_then(serde_json::Value::as_object_mut)
-    {
-        output_properties.remove("session_id");
-    }
+    spec.output_schema = spec.output_schema.map(|schema| {
+        let mut schema = schema.into_value();
+        if let Some(output_properties) = schema
+            .get_mut("properties")
+            .and_then(serde_json::Value::as_object_mut)
+        {
+            output_properties.remove("session_id");
+        }
+        schema.into()
+    });
     ToolSpec::Function(spec)
 }
 
diff --git a/codex-rs/core/src/tools/handlers/view_image_spec.rs b/codex-rs/core/src/tools/handlers/view_image_spec.rs
index f28d9f8b1a..6107caf8f1 100644
--- a/codex-rs/core/src/tools/handlers/view_image_spec.rs
+++ b/codex-rs/core/src/tools/handlers/view_image_spec.rs
@@ -46,7 +46,7 @@ pub fn create_view_image_tool(options: ViewImageToolOptions) -> ToolSpec {
         strict: false,
         defer_loading: None,
         parameters: JsonSchema::object(properties, Some(vec!["path".to_string()]), Some(false.into())),
-        output_schema: Some(view_image_output_schema(options)),
+        output_schema: Some(view_image_output_schema(options).into()),
     })
 }
 
diff --git a/codex-rs/ext/memories/src/tools/mod.rs b/codex-rs/ext/memories/src/tools/mod.rs
index 22cf0e295d..2852e3c6a7 100644
--- a/codex-rs/ext/memories/src/tools/mod.rs
+++ b/codex-rs/ext/memories/src/tools/mod.rs
@@ -67,7 +67,7 @@ pub(super) fn memory_function_tool<I: JsonSchema, O: JsonSchema>(
         defer_loading: None,
         parameters: parse_tool_input_schema(&schema::input_schema_for::<I>())
             .unwrap_or_else(|err| panic!("generated input schema for {name} should parse: {err}")),
-        output_schema: Some(schema::output_schema_for::<O>()),
+        output_schema: Some(schema::output_schema_for::<O>().into()),
     };
 
     ToolSpec::Namespace(ResponsesApiNamespace {
diff --git a/codex-rs/ext/skills/src/tools/mod.rs b/codex-rs/ext/skills/src/tools/mod.rs
index 22bac2bce9..49052667a2 100644
--- a/codex-rs/ext/skills/src/tools/mod.rs
+++ b/codex-rs/ext/skills/src/tools/mod.rs
@@ -304,7 +304,7 @@ fn skill_function_tool<I: JsonSchema, O: JsonSchema>(name: &str, description: &s
         defer_loading: None,
         parameters: parse_tool_input_schema(&schema::input_schema_for::<I>())
             .unwrap_or_else(|err| panic!("generated input schema for {name} should parse: {err}")),
-        output_schema: Some(schema::output_schema_for::<O>()),
+        output_schema: Some(schema::output_schema_for::<O>().into()),
     };
 
     ToolSpec::Namespace(ResponsesApiNamespace {
diff --git a/codex-rs/tools/src/code_mode.rs b/codex-rs/tools/src/code_mode.rs
index e5580ede13..31816b6b5b 100644
--- a/codex-rs/tools/src/code_mode.rs
+++ b/codex-rs/tools/src/code_mode.rs
@@ -1,5 +1,6 @@
 use crate::ResponsesApiNamespaceTool;
 use crate::ToolName;
+use crate::ToolOutputSchema;
 use crate::ToolSpec;
 use codex_code_mode::CodeModeToolKind;
 use codex_code_mode::ToolDefinition as CodeModeToolDefinition;
@@ -37,7 +38,10 @@ pub fn augment_tool_spec_for_code_mode(spec: ToolSpec) -> ToolSpec {
                             description: tool.description.clone(),
                             kind: CodeModeToolKind::Function,
                             input_schema: serde_json::to_value(&tool.parameters).ok(),
-                            output_schema: tool.output_schema.clone(),
+                            output_schema: tool
+                                .output_schema
+                                .as_ref()
+                                .map(ToolOutputSchema::to_value),
                         };
                         tool.description =
                             codex_code_mode::augment_tool_definition(definition).description;
@@ -131,7 +135,7 @@ fn code_mode_tool_definitions_for_spec(spec: &ToolSpec) -> Vec<CodeModeToolDefin
                 description: tool.description.clone(),
                 kind: CodeModeToolKind::Function,
                 input_schema: serde_json::to_value(&tool.parameters).ok(),
-                output_schema: tool.output_schema.clone(),
+                output_schema: tool.output_schema.as_ref().map(ToolOutputSchema::to_value),
             }]
         }
         ToolSpec::Freeform(tool) => {
@@ -157,7 +161,7 @@ fn code_mode_tool_definitions_for_spec(spec: &ToolSpec) -> Vec<CodeModeToolDefin
                         description: tool.description.clone(),
                         kind: CodeModeToolKind::Function,
                         input_schema: serde_json::to_value(&tool.parameters).ok(),
-                        output_schema: tool.output_schema.clone(),
+                        output_schema: tool.output_schema.as_ref().map(ToolOutputSchema::to_value),
                     }
                 }
                 ResponsesApiNamespaceTool::Custom(tool) => {
diff --git a/codex-rs/tools/src/code_mode_tests.rs b/codex-rs/tools/src/code_mode_tests.rs
index 0e6eb7f694..3fe3d7575e 100644
--- a/codex-rs/tools/src/code_mode_tests.rs
+++ b/codex-rs/tools/src/code_mode_tests.rs
@@ -14,6 +14,27 @@ use pretty_assertions::assert_eq;
 use serde_json::json;
 use std::collections::BTreeMap;
 
+#[test]
+fn code_mode_materializes_mcp_output_schemas() {
+    let output = json!({"type": "object", "properties": {"ok": {"type": "boolean"}}});
+    let mut tool = rmcp::model::Tool::new(
+        "lookup_order",
+        "Look up an order",
+        std::sync::Arc::new(rmcp::model::object(json!({"type": "object"}))),
+    );
+    tool.output_schema = Some(std::sync::Arc::new(rmcp::model::object(output.clone())));
+    let parsed =
+        crate::mcp_tool_to_responses_api_tool(&ToolName::plain("lookup_order"), &tool).unwrap();
+    let eager = ResponsesApiTool {
+        output_schema: Some(crate::mcp_call_tool_result_output_schema(output).into()),
+        ..parsed.clone()
+    };
+    assert_eq!(
+        super::collect_code_mode_tool_definitions([&ToolSpec::Function(parsed)]),
+        super::collect_code_mode_tool_definitions([&ToolSpec::Function(eager)]),
+    );
+}
+
 #[test]
 fn code_mode_tool_names_do_not_prefix_the_default_namespace() {
     for tool_name in [
@@ -45,13 +66,16 @@ fn augment_tool_spec_for_code_mode_augments_function_tools() {
                 Some(vec!["order_id".to_string()]),
                 Some(AdditionalProperties::Boolean(false))
             ),
-            output_schema: Some(json!({
-                "type": "object",
-                "properties": {
-                    "ok": {"type": "boolean"}
-                },
-                "required": ["ok"],
-            })),
+            output_schema: Some(
+                json!({
+                    "type": "object",
+                    "properties": {
+                        "ok": {"type": "boolean"}
+                    },
+                    "required": ["ok"],
+                })
+                .into()
+            ),
         })),
         ToolSpec::Function(ResponsesApiTool {
             name: "lookup_order".to_string(),
@@ -72,13 +96,16 @@ declare const tools: { lookup_order(args: { order_id: string; }): Promise<{ ok:
                 Some(vec!["order_id".to_string()]),
                 Some(AdditionalProperties::Boolean(false))
             ),
-            output_schema: Some(json!({
-                "type": "object",
-                "properties": {
-                    "ok": {"type": "boolean"}
-                },
-                "required": ["ok"],
-            })),
+            output_schema: Some(
+                json!({
+                    "type": "object",
+                    "properties": {
+                        "ok": {"type": "boolean"}
+                    },
+                    "required": ["ok"],
+                })
+                .into()
+            ),
         })
     );
 }
diff --git a/codex-rs/tools/src/lib.rs b/codex-rs/tools/src/lib.rs
index db84442b17..820ee5413c 100644
--- a/codex-rs/tools/src/lib.rs
+++ b/codex-rs/tools/src/lib.rs
@@ -7,6 +7,7 @@ mod function_call_error;
 mod image_detail;
 mod json_schema;
 mod mcp_tool;
+mod output_schema;
 mod request_plugin_install;
 mod response_history;
 mod responses_api;
@@ -40,6 +41,7 @@ pub use json_schema::parse_tool_input_schema_without_compaction;
 pub use mcp_tool::mcp_call_tool_result_output_schema;
 pub use mcp_tool::parse_agent_plugin_mcp_tool;
 pub use mcp_tool::parse_mcp_tool;
+pub use output_schema::ToolOutputSchema;
 pub use request_plugin_install::REQUEST_PLUGIN_INSTALL_APPROVAL_KIND_VALUE;
 pub use request_plugin_install::REQUEST_PLUGIN_INSTALL_PERSIST_ALWAYS_VALUE;
 pub use request_plugin_install::REQUEST_PLUGIN_INSTALL_PERSIST_KEY;
diff --git a/codex-rs/tools/src/mcp_tool.rs b/codex-rs/tools/src/mcp_tool.rs
index 4ab24b9cd4..7e57d09c3a 100644
--- a/codex-rs/tools/src/mcp_tool.rs
+++ b/codex-rs/tools/src/mcp_tool.rs
@@ -1,4 +1,5 @@
 use crate::ToolDefinition;
+use crate::ToolOutputSchema;
 use crate::parse_tool_input_schema;
 use codex_utils_string::take_bytes_at_char_boundary;
 use serde_json::Value as JsonValue;
@@ -35,12 +36,6 @@ fn parse_mcp_tool_with_description_limit(
     }
 
     let input_schema = parse_tool_input_schema(&serialized_input_schema)?;
-    let structured_content_schema = tool
-        .output_schema
-        .as_ref()
-        .map(|output_schema| serde_json::Value::Object(output_schema.as_ref().clone()))
-        .unwrap_or_else(|| JsonValue::Object(serde_json::Map::new()));
-
     Ok(ToolDefinition {
         name: tool.name.to_string(),
         description: tool
@@ -52,15 +47,15 @@ fn parse_mcp_tool_with_description_limit(
             })
             .unwrap_or_default(),
         input_schema,
-        output_schema: Some(mcp_call_tool_result_output_schema(
-            structured_content_schema,
+        output_schema: Some(ToolOutputSchema::from_mcp_output_schema(
+            tool.output_schema.clone(),
         )),
         defer_loading: false,
     })
 }
 
 pub fn mcp_call_tool_result_output_schema(structured_content_schema: JsonValue) -> JsonValue {
-    json!({
+    let mut schema = json!({
         "type": "object",
         "properties": {
             "content": {
@@ -69,7 +64,7 @@ pub fn mcp_call_tool_result_output_schema(structured_content_schema: JsonValue)
                     "type": "object"
                 }
             },
-            "structuredContent": structured_content_schema,
+            "structuredContent": null,
             "isError": {
                 "type": "boolean"
             },
@@ -79,7 +74,11 @@ pub fn mcp_call_tool_result_output_schema(structured_content_schema: JsonValue)
         },
         "required": ["content"],
         "additionalProperties": false
-    })
+    });
+    // Replacing the placeholder keeps the existing property order while moving
+    // the supplied schema instead of cloning it through json!.
+    schema["properties"]["structuredContent"] = structured_content_schema;
+    schema
 }
 
 #[cfg(test)]
diff --git a/codex-rs/tools/src/mcp_tool_tests.rs b/codex-rs/tools/src/mcp_tool_tests.rs
index 5f9b7b3264..e17b7a21ce 100644
--- a/codex-rs/tools/src/mcp_tool_tests.rs
+++ b/codex-rs/tools/src/mcp_tool_tests.rs
@@ -34,7 +34,7 @@ fn parse_mcp_tool_inserts_empty_properties() {
                 /*required*/ None,
                 /*additional_properties*/ None
             ),
-            output_schema: Some(mcp_call_tool_result_output_schema(serde_json::json!({}))),
+            output_schema: Some(mcp_call_tool_result_output_schema(serde_json::json!({})).into()),
             defer_loading: false,
         }
     );
@@ -106,16 +106,19 @@ fn parse_mcp_tool_preserves_top_level_output_schema() {
                 /*required*/ None,
                 /*additional_properties*/ None
             ),
-            output_schema: Some(mcp_call_tool_result_output_schema(serde_json::json!({
-                "properties": {
-                    "result": {
-                        "properties": {
-                            "nested": {}
+            output_schema: Some(
+                mcp_call_tool_result_output_schema(serde_json::json!({
+                    "properties": {
+                        "result": {
+                            "properties": {
+                                "nested": {}
+                            }
                         }
-                    }
-                },
-                "required": ["result"]
-            }))),
+                    },
+                    "required": ["result"]
+                }))
+                .into()
+            ),
             defer_loading: false,
         }
     );
@@ -146,9 +149,12 @@ fn parse_mcp_tool_preserves_output_schema_without_inferred_type() {
                 /*required*/ None,
                 /*additional_properties*/ None
             ),
-            output_schema: Some(mcp_call_tool_result_output_schema(serde_json::json!({
-                "enum": ["ok", "error"]
-            }))),
+            output_schema: Some(
+                mcp_call_tool_result_output_schema(serde_json::json!({
+                    "enum": ["ok", "error"]
+                }))
+                .into()
+            ),
             defer_loading: false,
         }
     );
diff --git a/codex-rs/tools/src/output_schema.rs b/codex-rs/tools/src/output_schema.rs
new file mode 100644
index 0000000000..30f9cd4f34
--- /dev/null
+++ b/codex-rs/tools/src/output_schema.rs
@@ -0,0 +1,83 @@
+//! Shares immutable output schema storage and materializes private JSON for consumers.
+
+use crate::mcp_call_tool_result_output_schema;
+use serde_json::Map;
+use serde_json::Value;
+use std::sync::Arc;
+
+/// Immutable output schema that shares an MCP tool's structured result schema
+/// until a consumer needs the complete call-result envelope.
+#[derive(Debug, Clone)]
+pub struct ToolOutputSchema(OutputSchemaStorage);
+
+#[derive(Debug, Clone)]
+enum OutputSchemaStorage {
+    Json(Arc<Value>),
+    McpCallToolResult(Option<Arc<Map<String, Value>>>),
+}
+
+impl ToolOutputSchema {
+    pub(crate) fn from_mcp_output_schema(
+        structured_content: Option<Arc<Map<String, Value>>>,
+    ) -> Self {
+        Self(OutputSchemaStorage::McpCallToolResult(structured_content))
+    }
+
+    /// Materialize the schema for consumers that traverse JSON values.
+    pub fn to_value(&self) -> Value {
+        match &self.0 {
+            OutputSchemaStorage::Json(schema) => schema.as_ref().clone(),
+            OutputSchemaStorage::McpCallToolResult(structured_content) => {
+                mcp_call_tool_result_output_schema(Value::Object(
+                    structured_content.as_deref().cloned().unwrap_or_default(),
+                ))
+            }
+        }
+    }
+
+    /// Consume the schema, reusing uniquely owned JSON and cloning shared storage.
+    pub fn into_value(self) -> Value {
+        match self.0 {
+            OutputSchemaStorage::Json(schema) => Arc::unwrap_or_clone(schema),
+            OutputSchemaStorage::McpCallToolResult(structured_content) => {
+                mcp_call_tool_result_output_schema(Value::Object(
+                    structured_content
+                        .map(Arc::unwrap_or_clone)
+                        .unwrap_or_default(),
+                ))
+            }
+        }
+    }
+}
+
+impl From<Value> for ToolOutputSchema {
+    fn from(value: Value) -> Self {
+        Self(OutputSchemaStorage::Json(Arc::new(value)))
+    }
+}
+
+impl PartialEq for ToolOutputSchema {
+    fn eq(&self, other: &Self) -> bool {
+        match (&self.0, &other.0) {
+            (OutputSchemaStorage::Json(left), OutputSchemaStorage::Json(right)) => left == right,
+            (
+                OutputSchemaStorage::McpCallToolResult(left),
+                OutputSchemaStorage::McpCallToolResult(right),
+            ) => match (left, right) {
+                (Some(left), Some(right)) => left == right,
+                (None, None) => true,
+                (Some(schema), None) | (None, Some(schema)) => schema.is_empty(),
+            },
+            (OutputSchemaStorage::Json(left), OutputSchemaStorage::McpCallToolResult(_)) => {
+                left.as_ref() == &other.to_value()
+            }
+            (OutputSchemaStorage::McpCallToolResult(_), OutputSchemaStorage::Json(right)) => {
+                &self.to_value() == right.as_ref()
+            }
+        }
+    }
+}
+
+#[cfg(test)]
+#[path = "output_schema_tests.rs"]
+mod tests;
diff --git a/codex-rs/tools/src/output_schema_tests.rs b/codex-rs/tools/src/output_schema_tests.rs
new file mode 100644
index 0000000000..a98c59454c
--- /dev/null
+++ b/codex-rs/tools/src/output_schema_tests.rs
@@ -0,0 +1,69 @@
+//! Verify materialization preserves schemas, isolates mutations, and respects equality.
+
+use super::ToolOutputSchema;
+use pretty_assertions::assert_eq;
+use pretty_assertions::assert_ne;
+use serde_json::Value;
+use std::sync::Arc;
+
+#[test]
+fn materializing_mcp_output_preserves_json_and_keeps_mutations_private() {
+    let raw: serde_json::Map<String, Value> = serde_json::from_str(
+        r#"{"properties":{"z":{"enum":[9007199254740993,1.0]},"a":{"type":"string"}},"required":["z","a"]}"#,
+    )
+    .unwrap();
+    let raw = Arc::new(raw);
+    let schema = ToolOutputSchema::from_mcp_output_schema(Some(Arc::clone(&raw)));
+    let mut materialized = schema.to_value();
+    assert_eq!(
+        serde_json::to_string(&materialized["properties"]["structuredContent"]).unwrap(),
+        serde_json::to_string(&raw).unwrap(),
+    );
+    materialized["properties"]["structuredContent"] = Value::Null;
+    assert_eq!(
+        schema.to_value()["properties"]["structuredContent"],
+        Value::Object(raw.as_ref().clone()),
+    );
+}
+
+#[test]
+fn materialized_and_lazy_schemas_compare_in_both_directions() {
+    let populated = serde_json::from_value(serde_json::json!({
+        "type": "object",
+        "properties": {"result": {"type": "string"}},
+    }))
+    .unwrap();
+    for structured_content in [None, Some(Arc::default()), Some(Arc::new(populated))] {
+        let lazy = ToolOutputSchema::from_mcp_output_schema(structured_content);
+        let materialized = ToolOutputSchema::from(lazy.to_value());
+        assert_eq!(materialized, lazy);
+        assert_eq!(lazy, materialized);
+
+        let mut different = lazy.to_value();
+        different["properties"]["structuredContent"] = serde_json::json!({"type": "null"});
+        let different = ToolOutputSchema::from(different);
+        assert_ne!(different, lazy);
+        assert_ne!(lazy, different);
+
+        assert_eq!(lazy.clone().into_value(), materialized.clone().into_value());
+        assert_eq!(lazy.into_value(), materialized.into_value());
+    }
+}
+
+#[test]
+fn consuming_unique_json_schema_reuses_storage() {
+    let value = serde_json::json!({"description": "An output schema"});
+    let description_ptr = value["description"].as_str().unwrap().as_ptr();
+    let schema = ToolOutputSchema::from(value);
+
+    let value = schema.into_value();
+
+    assert_eq!(
+        value,
+        serde_json::json!({"description": "An output schema"})
+    );
+    assert_eq!(
+        value["description"].as_str().unwrap().as_ptr(),
+        description_ptr
+    );
+}
diff --git a/codex-rs/tools/src/responses_api.rs b/codex-rs/tools/src/responses_api.rs
index e450dcf35f..07b622c226 100644
--- a/codex-rs/tools/src/responses_api.rs
+++ b/codex-rs/tools/src/responses_api.rs
@@ -1,6 +1,7 @@
 use crate::JsonSchema;
 use crate::ToolDefinition;
 use crate::ToolName;
+use crate::ToolOutputSchema;
 use crate::parse_agent_plugin_mcp_tool;
 use crate::parse_dynamic_tool;
 use crate::parse_mcp_tool;
@@ -8,7 +9,6 @@ use codex_protocol::DEFAULT_FUNCTION_NAMESPACE;
 use codex_protocol::dynamic_tools::DynamicToolFunctionSpec;
 use serde::Deserialize;
 use serde::Serialize;
-use serde_json::Value;
 
 const MAX_SERIALIZED_MCP_TOOL_BYTES: usize = 8_000;
 
@@ -40,7 +40,7 @@ pub struct ResponsesApiTool {
     pub defer_loading: Option<bool>,
     pub parameters: JsonSchema,
     #[serde(skip)]
-    pub output_schema: Option<Value>,
+    pub output_schema: Option<ToolOutputSchema>,
 }
 
 #[derive(Debug, Clone, Serialize, PartialEq)]
diff --git a/codex-rs/tools/src/responses_api_tests.rs b/codex-rs/tools/src/responses_api_tests.rs
index 43212060a3..6fccaee364 100644
--- a/codex-rs/tools/src/responses_api_tests.rs
+++ b/codex-rs/tools/src/responses_api_tests.rs
@@ -58,7 +58,7 @@ fn tool_definition_to_responses_api_tool_omits_false_defer_loading() {
                 Some(vec!["order_id".to_string()]),
                 Some(false.into())
             ),
-            output_schema: Some(json!({"type": "object"})),
+            output_schema: Some(json!({"type": "object"}).into()),
             defer_loading: false,
         }),
         ResponsesApiTool {
@@ -74,7 +74,7 @@ fn tool_definition_to_responses_api_tool_omits_false_defer_loading() {
                 Some(vec!["order_id".to_string()]),
                 Some(false.into())
             ),
-            output_schema: Some(json!({"type": "object"})),
+            output_schema: Some(json!({"type": "object"}).into()),
         }
     );
 }
diff --git a/codex-rs/tools/src/tool_definition.rs b/codex-rs/tools/src/tool_definition.rs
index d3c5b0209b..1701239c76 100644
--- a/codex-rs/tools/src/tool_definition.rs
+++ b/codex-rs/tools/src/tool_definition.rs
@@ -1,5 +1,5 @@
 use crate::JsonSchema;
-use serde_json::Value as JsonValue;
+use crate::ToolOutputSchema;
 
 /// Tool metadata and schemas that downstream crates can adapt into higher-level
 /// tool specs.
@@ -8,7 +8,7 @@ pub struct ToolDefinition {
     pub name: String,
     pub description: String,
     pub input_schema: JsonSchema,
-    pub output_schema: Option<JsonValue>,
+    pub output_schema: Option<ToolOutputSchema>,
     pub defer_loading: bool,
 }
 
diff --git a/codex-rs/tools/src/tool_definition_tests.rs b/codex-rs/tools/src/tool_definition_tests.rs
index 0d4d97f5ce..93f06c08cc 100644
--- a/codex-rs/tools/src/tool_definition_tests.rs
+++ b/codex-rs/tools/src/tool_definition_tests.rs
@@ -12,9 +12,12 @@ fn tool_definition() -> ToolDefinition {
             /*required*/ None,
             /*additional_properties*/ None,
         ),
-        output_schema: Some(serde_json::json!({
-            "type": "object",
-        })),
+        output_schema: Some(
+            serde_json::json!({
+                "type": "object",
+            })
+            .into(),
+        ),
         defer_loading: false,
     }
 }
diff --git a/codex-rs/tools/src/tool_search_tests.rs b/codex-rs/tools/src/tool_search_tests.rs
index aed34a6e3b..5c35e9c327 100644
--- a/codex-rs/tools/src/tool_search_tests.rs
+++ b/codex-rs/tools/src/tool_search_tests.rs
@@ -14,7 +14,7 @@ fn top_level_function_search_results_use_the_default_namespace() {
             /*required*/ None,
             /*additional_properties*/ None,
         ),
-        output_schema: Some(serde_json::json!({ "type": "object" })),
+        output_schema: Some(serde_json::json!({ "type": "object" }).into()),
     };
     let search_info = ToolSearchInfo::from_tool_spec(
         ToolSpec::Function(function_tool.clone()),
@@ -130,7 +130,7 @@ fn mixed_namespaced_function_and_custom_tools_are_searchable() {
             /*required*/ None,
             /*additional_properties*/ None,
         ),
-        output_schema: Some(serde_json::json!({"type": "object"})),
+        output_schema: Some(serde_json::json!({"type": "object"}).into()),
     };
     let custom_tool = crate::FreeformTool {
         name: "apply_patch".to_string(),