A three‐dimensional computational fluid dynamics study of the steam methane reforming (SMR) in microreactors is presented. Emphasis has been made on investigating the effects of the characteristic dimension (d: 0.35, 0.70, 1.40, and 2.80 mm) on the performance of two microreactor geometries: square microchannels and microslits. Results have shown that for both geometries the SMR conversion decreases markedly as d increases. Conversely, the microchannels provide a methane conversion slightly higher than that of the microslits. The different performance of the microreactors is only partially due to the different surface‐to‐volume ratio. Pronounced transverse temperature and concentration gradients develop as the characteristic dimension increases especially for microslits in the first half of the reactor. Therefore, external transport limitations can affect the performance of microreactors for SMR, although the characteristic dimensions are of the order of very few millimeters. © 2011 American Institute of Chemical Engineers AIChE J, 2012