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A · closed · Mistral

Mistral Large 2

Mistral

B · open · Mistral

Mistral Small 4

Mistral

0:7

overall capability wins (0 ties across 7 scored). Mistral Small 4 leads overall.

  • Reasoning0:4
  • Coding0:1
  • Pricing0:3
  • Speed0:2
  • Specs0:2

Verdict

Mistral Small 4 leads coding (widest gap: +9.6 on SciCode); Mistral Small 4 offers ~2.0x larger context (256K vs 128K); Mistral Small 4 allows ~7.8x more max output (64K vs 8K).

  • Mistral Small 4 leads coding (widest gap: +9.6 on SciCode)
  • Mistral Small 4 offers ~2.0x larger context (256K vs 128K)
  • Mistral Small 4 allows ~7.8x more max output (64K vs 8K)
  • Mistral Small 4 ships open weights (Apache 2.0)
  • Mistral Small 4 is ~11.4x cheaper on a blended token basis than Mistral Large 2

Cost for 1M in + 250K out

Illustrative chat workload at primary-provider list prices.

Mistral Large 2
$3.50
Mistral Small 4
$0.30

Mistral Small 4 is about 11.7x cheaper on this workload.

Price per 1M tokens

Full comparison

Organization

Mistral

Mistral

Family

Mistral

Mistral

License

Mistral Research / Proprietary API

Apache 2.0

Open weights

No

Yes

Release

Jul 24, 2024

Mar 1, 2026

Knowledge cutoff

-

-

API / provider

Mistral

Mistral

Modalities

text → text

text, image → text

Specs

Context window

128K

256K

B +128K

Max output

8K

64K

B +56K

Parameters

123B

—

—

Pricing

Input $/1M

$2

$0.15

B +$1.85

Output $/1M

$6

$0.60

B +$5.40

Blended $/1M (3∶1)

$3

$0.26

B +$2.74

Speed

tok/s

65

140

B +75

TTFT (s)

0.45

0.2

B +0.25

Reasoning

MMLU-Pro

—

—

—

GPQA Diamond

48.6

76.9

B +28.3 pts

Humanity's Last Exam

3.3

9.9

B +6.6 pts

AIME 2025

—

—

—

MATH-500

—

—

—

Humanity's Last Exam (with tools)

—

—

—

AA-Omniscience Accuracy

19.9

21.7

B +1.8 pts

AA-LCR v1.1

—

49.7

—

CritPt

—

0.3

—

MMMU-Pro

—

56.8

—

IFBench

31.2

48.2

B +17.0 pts

Chartography

—

—

—

Chartography (With Tools)

—

—

—

Coding

SWE-bench Verified

—

—

—

SWE-bench Pro

—

—

—

SWE-bench Multilingual

—

—

—

LiveCodeBench

—

—

—

Terminal-Bench 2.1

—

21.0

—

Aider Polyglot

—

—

—

Terminal-Bench 3

—

—

—

BigCodeBench

—

—

—

SciCode

29.2

38.8

B +9.6 pts

CursorBench

—

—

—

SWE-Rebench

—

—

—

NL2Repo-Bench

—

—

—

DeepSWE

—

—

—

WebDev Arena

—

—

—

Terminal-Bench 4.0

—

—

—

CursorBench 4.0

—

—

—

FrontierCode v1.1 (Main)

—

—

—

Arena

LMArena Elo

—

—

—

Mistral Large 2

Context
128K / 8K out
Parameters
123B
Price
$2 / $6
Speed
65 tok/s · 0.45s TTFT
Modalities
text → text
License
Mistral Research / Proprietary API

123B flagship before Large 3 — EU-hosted frontier option with strong multilingual coding.

Mistral Small 4

Context
256K / 64K out
Parameters
—
Price
$0.15 / $0.60
Speed
140 tok/s · 0.2s TTFT
Modalities
text, image → text
License
Apache 2.0

Hybrid instruct/reasoning/coding Small model under Apache 2.0 - Mistral's high-throughput production default.

Benchmark charts

Winner bars are emphasized. Per-benchmark deltas sit above each chart.

Reasoning & knowledge

GPQA: B +28.3HLE: B +6.6Omniscience Acc.: B +1.8IFBench: B +17.0

Coding

SciCode: B +9.6

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