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A · open · Mistral

Mistral Large 3

Mistral

B · open · Mistral

Mistral Small 4

Mistral

2:7

overall capability wins (2 ties across 11 scored). Mistral Small 4 leads overall.

  • Reasoning1:5
  • Coding0:2
  • Tool use1:0
  • Composite indices0:2
  • Pricing0:3
  • Speed0:2

Verdict

Mistral Small 4 leads coding (widest gap: +9.0 on TermBench); Mistral Small 4 is ~11.4x cheaper on a blended token basis than Mistral Large 3.

  • Mistral Small 4 leads coding (widest gap: +9.0 on TermBench)
  • Mistral Small 4 is ~11.4x cheaper on a blended token basis than Mistral Large 3

Cost for 1M in + 250K out

Illustrative chat workload at primary-provider list prices.

Mistral Large 3
$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

Apache 2.0

Apache 2.0

Open weights

Yes

Yes

Release

Nov 19, 2025

Mar 1, 2026

Knowledge cutoff

-

-

API / provider

Mistral

Mistral

Modalities

text, image → text

text, image → text

Specs

Context window

256K

256K

tie

Max output

64K

64K

tie

Parameters

675B (41B act.)

—

—

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

70

140

B +70

TTFT (s)

0.45

0.2

B +0.25

Reasoning

MMLU-Pro

80.7

—

—

GPQA Diamond

68.0

76.9

B +8.9 pts

Humanity's Last Exam

4.2

9.9

B +5.7 pts

AIME 2025

38.0

—

—

MATH-500

—

—

—

Humanity's Last Exam (with tools)

—

—

—

AA-Omniscience Accuracy

25.0

21.7

A +3.3 pts

AA-LCR v1.1

36.0

49.7

B +13.7 pts

CritPt

—

0.3

—

MMMU-Pro

55.7

56.8

B +1.1 pts

IFBench

36.2

48.2

B +12.0 pts

Chartography

—

—

—

Chartography (With Tools)

—

—

—

Coding

SWE-bench Verified

—

—

—

SWE-bench Pro

—

—

—

SWE-bench Multilingual

—

—

—

LiveCodeBench

46.5

—

—

Terminal-Bench 2.1

12.0

21.0

B +9.0 pts

Aider Polyglot

—

—

—

Terminal-Bench 3

—

—

—

BigCodeBench

—

—

—

SciCode

36.6

38.8

B +2.2 pts

CursorBench

—

—

—

SWE-Rebench

—

—

—

NL2Repo-Bench

—

—

—

DeepSWE

—

—

—

WebDev Arena

1,230

—

—

Terminal-Bench 4.0

—

—

—

CursorBench 4.0

—

—

—

FrontierCode v1.1 (Main)

—

—

—

Arena

LMArena Elo

1,413

—

—

Mistral Large 3

Context
256K / 64K out
Parameters
675B (41B act.)
Price
$2 / $6
Speed
70 tok/s · 0.45s TTFT
Modalities
text, image → text
License
Apache 2.0

Mistral's open Large 3 MoE - multilingual European frontier alternative under Apache 2.0.

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 +8.9HLE: B +5.7AA-LCR: B +13.7Omniscience Acc.: A +3.3MMMU-Pro: B +1.1IFBench: B +12.0

Coding

TermBench: B +9.0SciCode: B +2.2

Tool use & function calling

τ³-Banking: A +0.9

Composite indices

AA Index: B +0.4AA Index v4.3: B +1.8

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