BenchLeader

Mistral Small 3.2

Mistral Small 3.2 is a Mistral AI open-weights model, released 20 Jun 2025. Its best configuration ranks #622 of 785 on the BenchLeader Index at 41.6 ±3.8, in the lower half. The ± is the point: 288 other configurations score within that range, so they and this one cannot be told apart on quality alone — price and speed are what separate them. It scores highest in human preference (52) and lowest in long context (34). At $0.110 per million tokens blended it is among the cheapest fifth of ranked models. Output speed of 42 tokens per second puts it in the slowest quarter, with a first answer in 1.1 s. Last measured 22 Oct 2026.

Blended price
$0.110/M
$0.080 in · $0.200 out
Output speed
42 tok/s
measured by Artificial Analysis
First answer
1.08 s
first token 0.51 s
Context
128k
Full answer
13 s
median, reasoning included
Cost per run
$0.109
one full Intelligence Index run
Released
20 Jun 2025
How it scores by categoryDashed line = average model (50). One step of 15 = one standard deviation.
  1. Overall index42
  2. Reasoning41
  3. Coding37
  4. Agents & tools41
  5. Maths46
  6. Knowledge39
  7. Instruction following37
  8. Human preference52
  9. Multimodal37
  10. Long context34
  11. Composite37

Versions

Mistral AI has shipped 6 models under this name. Each is ranked on its own results; a newer version often has fewer results so far, which holds its index nearer the average until more arrive.

ModelReleasedIndexRank
Mistral Small 4thinking16 Mar 202645.6#511
Mistral Small 3.2this page20 Jun 202541.6#622
Mistral Small 3.117 Mar 202536.3#749
Mistral Small 325 Jan 202539.3#688
Mistral Small v24.0917 Sept 2024––
Mistral Small 240226 Feb 202432.0#781

How its index has moved

9 Sept 2026 to 21 Oct 2026
374246

The index is recomputed from scratch every day, so a line moves when a new benchmark result lands, when a publisher revises a score, or when the models it is normalised against change. Early movement usually means the score is still settling.

Benchmark results

See all LLM benchmarks. One column per reasoning effort. Rank is among every configuration of every model on that benchmark. Hover a score for the run it came from.

Coding

Benchmarknot statedSourceTrend
SciCode26.4%#204SciCode
Arena Coding1411#186Arena (LMArena)
SciCode (AA)not in index28.6%#213Artificial Analysis
Terminal-Bench 4.0 (AA)not in index0.0%#152Artificial Analysis
Terminal-Bench 2.1 (AA)not in index5.6%#203Artificial Analysis

Maths

Benchmarknot statedSourceTrend
OTIS Mock AIME30.3%#207Epoch AI Benchmarking Hub
Arena Maths1337#207Arena (LMArena)

Knowledge

Instruction following

Benchmarknot statedSourceTrend
IFBench33.5%#327Artificial Analysis
Arena Instruction Followingnot in index1336#202Arena (LMArena)

Human preference

Benchmarknot statedSourceTrend
Arena Text1356#194Arena (LMArena)
Arena Creative Writingnot in index1324#191Arena (LMArena)
Arena Multi-turnnot in index1364#184Arena (LMArena)
Arena Longer Queriesnot in index1358#199Arena (LMArena)

Multimodal

Benchmarknot statedSourceTrend
Arena Vision1142#118Arena (LMArena)
MMMU-Pro48.0%#249Artificial Analysis

Long context

Benchmarknot statedSourceTrend
AA-LCR20.3%#432Artificial Analysis

Composite

Benchmarknot statedSourceTrend
AA Intelligence Index v4.3.27.0#498Artificial Analysis

Where to run it

Every provider serving this model through OpenRouter, with throughput and first-token latency measured on live traffic over the last 30 minutes and each provider’s own price. Purple marks the best in each column.

ProviderSpeedFirst tokenInput $/MOutput $/MContextQuantisation
Mistral141 tok/s1.74 s$0.100$0.30033k–
DeepInfra46 tok/s0.52 s$0.075$0.200128kfp8
Parasail45 tok/s0.69 s$0.090$0.300131kbf16
Venice24 tok/s0.66 s$0.094$0.250256kfp8

Price history

The price above, per 1M tokens, every day it changed.

$0.00$0.083$0.165$0.247$0.330Sept 26Oct 26
input outputnow $0.080 in · $0.200 out

What a task costs

Estimates from list price, output speed and time to first answer for the best configuration. “With caching” assumes three-quarters of the input is served from the prompt cache. Reasoning tokens are not modelled.

WorkloadTokens in / outCostWith cachingTime
Chat reply400 / 300$0.0001–8.2 s
Summarize a 30-page report12,000 / 600$0.0011–15.4 s
Code edit6,000 / 1,500$0.0008–36.9 s
Agentic coding session60,000 / 4,000$0.0056–1.6 min
Structured extraction2,000 / 200$0.0002–5.9 s

More from Mistral AI

New this month

See also

Questions people ask

What are Mistral Small 3.2's benchmark scores?
As of 24 Oct 2026, Mistral Small 3.2 scores 41.6 ±3.8 on the BenchLeader Index, strongest in human preference (52) and weakest in long context (34). That rests on 18 independent benchmark results, and every score on this page links to its publisher.
How does Mistral Small 3.2 rank?
Mistral Small 3.2 is #622 of 785 ranked configurations on 24 Oct 2026. 288 other configurations score within its margin, so the exact position matters less than the band. The leader is Claude Opus 5.5 (max effort) at 72.6.
How much does Mistral Small 3.2 cost per 1M tokens?
As of 24 Oct 2026, Mistral Small 3.2 costs $0.080 per 1M input tokens and $0.200 per 1M output tokens, $0.110 blended (three input tokens per output token). The list price last changed on 6 Oct 2026.
When was Mistral Small 3.2 released?
Mistral AI released Mistral Small 3.2 on 20 Jun 2025.

Data as of 24 Oct 2026. Compare with another model.

Cite as: BenchLeader, “Mistral Small 3.2: benchmarks, pricing, speed and rank”, data as of 24 Oct 2026, https://www.benchleader.com/models/mistral-small-3-2.