Mistral Small 3.2
By Mistral · released 2025-06-20 (16 months) · snapshot 2026-10-24
- Intelligence index
- 7.00
- Cost to run the AA index
- $122
- Price per 1M tokens (in / out)
- $0.07 / $0.20
- End-to-end time
- 12.5s
Is Mistral Small 3.2 on the Pareto frontier, and what beats it?
Off the frontier
No. MiMo-V2.6-Flash is at least as smart for the same money or less.
Next step up: GPT-6 Luna (Max), smarter but dearer.
| # | Model | Creator | Intelligence | Total cost | E2E total | Open | Released | Frontier |
|---|---|---|---|---|---|---|---|---|
| 1 | Mistral Small 3.2 | Mistral | 7.00 | $122 | 12.5s | 2025-06-20 | ||
| 2 | MiMo-V2.6-Flash | Xiaomi | 37.90 | $110 | 49.5s | 2026-09-21 | Frontier | |
| 3 | GPT-6 Luna (Max) | OpenAI | 38.10 | $122 | 82.0s | 2026-09-22 | Frontier |
Open in the picker Daily check URL: 200 on the frontier, 409 once beaten
Mistral Small 3.2 today
Intelligence: Artificial Analysis Intelligence Index. Cost: total cost to run that benchmark, so reasoning tokens count. API id: mistral-small-3-2.
Compare head to head
Suggested: what beats it, its effort levels, and frontier models near its price.
- Mistral Small 3.2 vs MiMo-V2.6-Flash
- Mistral Small 3.2 vs GPT-6 Luna (Max)
- Mistral Small 3.2 vs GPT-6 Luna (High)
- Mistral Small 3.2 vs Claude Haiku 5.5 (Medium)
- Mistral Small 3.2 vs GPT-6 Luna (Xhigh)
- Mistral Small 3.2 vs Claude Haiku 5.5 (High)
- Mistral Small 3.2 vs Claude Haiku 5.5 (Xhigh)
- Mistral Small 3.2 vs MiMo-V2.6-Pro
- Mistral Small 3.2 vs GPT-6.1 Sol (Medium)
What the Mistral Small 3.2 release did to the frontier on 2025-06-20
None of its 1 effort levels reached the frontier at launch.
Closest miss: Mistral Small 3.2, 2.7 points below DeepSeek V3 0324 at 6.1× the cost.
Should you use Mistral Small 3.2?
Should you use Mistral Small 3.2?
Only when it fits your setup: MiMo-V2.6-Flash is at least as smart for the same money or less, so Mistral Small 3.2 is off the value frontier today.
What is better and cheaper than Mistral Small 3.2?
MiMo-V2.6-Flash — at least as smart for the same money or less.
How much does Mistral Small 3.2 cost?
$0.07/$0.20 in/out per 1M tokens, and $122 to run the full Artificial Analysis Intelligence Index, the honest all-in number for reasoning models.
Is Mistral Small 3.2 on the Pareto frontier?
No: MiMo-V2.6-Flash beats it on intelligence, cost, or both.
Frontier membership by axis pair
Other axis pairs where Mistral Small 3.2 is Pareto-optimal.
| Y axis | X axis | On the frontier |
|---|---|---|
| AA intelligence index | AA total cost to run (USD) | |
| AA intelligence index | End-to-end total seconds | |
| AA intelligence index | Output speed tokens/sec |
Accept: text/markdown or ?format=md returns this page as Markdown. JSON: /api/v1/models/mistral-small-3-2 · Markdown: /api/v1/models/mistral-small-3-2?format=md · llms.txt · agent skill