Mistral Medium 3.5 vs Mistral Small 3.2
Which is better for the money: Mistral Medium 3.5 by Mistral or Mistral Small 3.2 by Mistral? Intelligence, total benchmark cost, and end-to-end time from Artificial Analysis & other sources, snapshot 2026-10-24.
Trade-off
Verdict
Depends on your budget
Mistral Medium 3.5 scores 7.2 points higher (14.2 vs 7.0) but costs 10× as much to run the benchmark ($1264 vs $122; premium vs mid-range cost classes). They are not alternatives at one budget: pick Mistral Medium 3.5 when you need intelligence above 7.0, and Mistral Small 3.2 when 7.0 is enough.
| Metric | Mistral Medium 3.5 | Mistral Small 3.2 | Difference |
|---|---|---|---|
| Intelligence (higher is better) | 14.2 | 7.0 | −50.7% Mistral Small 3.2 is 50.7% less intelligent |
| Total AA cost (lower is better) | $1,263.80 | $121.78 | −90.4% Mistral Small 3.2 is 90.4% cheaper |
| End-to-end time (lower is better) | 17.96s | 12.50s | −30.4% Mistral Small 3.2 is 30.4% faster |
| Price per 1M tokens (in / out) | $1.50 / $7.50 | $0.07 / $0.20 | |
| Input modalities | Text, Image | Text, Image |
Mistral Small 3.2 vs Mistral Medium 3.5: 50.7% less intelligence, 90.4% less cost to run the AA benchmark, and 30.4% faster end-to-end.
Today's Pareto frontier
Against the frontier
- Mistral Medium 3.5 is off the frontier: at the same or lower cost, GPT-6.1 Sol (Max) scores 51.80 for $1082.
- Mistral Small 3.2 is off the frontier: at the same or lower cost, MiMo-V2.6-Flash scores 37.90 for $110.
Mistral Medium 3.5Mistral 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-medium-3-5/mistral-small-3-2 · Markdown: /api/v1/compare/mistral-medium-3-5/mistral-small-3-2?format=md · llms.txt · agent skill