Mistral Large 3 vs Mistral Small 3.2
Which is better for the money: Mistral Large 3 by Mistral or Mistral Small 3.2 by Mistral? Intelligence, total benchmark cost, and end-to-end time from Artificial Analysis & other sources, snapshot 2026-10-25.
Clear winner
Verdict
Pick Mistral Large 3
Mistral Small 3.2 vs Mistral Large 3: 24.7% less intelligence, 162.4% more cost to run the AA benchmark, and 74.9% slower end-to-end.
| Metric | Mistral Large 3 | Mistral Small 3.2 | Difference |
|---|---|---|---|
| Intelligence (higher is better) | 9.3 | 7.0 | −24.7% Mistral Small 3.2 is 24.7% less intelligent |
| Total AA cost (lower is better) | $46.41 | $121.78 | +162.4% Mistral Small 3.2 is 2.6× more expensive |
| End-to-end time (lower is better) | 7.17s | 12.54s | +74.9% Mistral Small 3.2 is 74.9% slower |
| Price per 1M tokens (in / out) | $0.50 / $1.50 | $0.07 / $0.20 | |
| Input modalities | Text, Image | Text, Image |
Today's Pareto frontier
Against the frontier
- Mistral Large 3 is off the frontier: at the same or lower cost, GPT-6 Luna (Medium) scores 29.90 for $31.2.
- Mistral Small 3.2 is off the frontier: at the same or lower cost, MiMo-V2.6-Flash scores 37.90 for $110.
Mistral Large 3Mistral Small 3.2Today's Pareto frontierOpen-weights frontierEvery other model
Matchup
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Accept: text/markdown or ?format=md returns this page as Markdown. JSON: /api/v1/compare/mistral-large-3/mistral-small-3-2 · Markdown: /api/v1/compare/mistral-large-3/mistral-small-3-2?format=md · llms.txt · agent skill