This model is deprecated. We only continue performance benchmarking for the default 10k input token workload. Results for other workloads are historical and no longer updated.

Mistral has launched a newer model, Mistral Medium 3.1. We suggest considering it instead.

For more information, see comparison of Mistral Medium 3.1 to other models and API provider benchmarks for Mistral Medium 3.1.

Proprietary model

Released May 2025

Mistral Medium 3 API Provider Benchmarking & Analysis

Model Comparison

This analysis is intended to support you in choosing the best API provider of Mistral Medium 3 for your use-case.

Fastest

#1
MistralMistral
139.5 t/s
#2
AzureAzure
46.7 t/s

Output speed

Total 2 providers

Lowest Latency

#1
MistralMistral
2.21 s
#2
AzureAzure
2.38 s

Time to first token

Total 2 providers

Lowest Price

#1
AzureAzure
$0.56
#2
MistralMistral
$0.56

Blended price (per 1M tokens)

Total 2 providers

Mistral Medium 3 is available through 2 API providers, each offering different performance characteristics and pricing. Below is a comparison of the key metrics across providers.

  • For output speed, the top providers are Mistral (139.5 t/s) and Azure (46.7 t/s).
  • For latency, Mistral (2.21s) and Azure (2.38s) offer the lowest time to first token.
  • For pricing, Azure (0.56) and Mistral (0.56) offer the lowest blended prices per 1M tokens.
  • Mistral offers the best performance with both the highest speed and lowest latency. For cost optimization, Azure provides the most competitive pricing.

Highlights

Output tokens per second · Higher is better
Seconds · Lower is better
USD per 1M tokens (blended) · Lower is better

Pricing

Pricing: Cache Hit, Input, and Output

Price (USD per M Tokens) · Lower is better · 10,000 input tokens

Pricing: Blended Price

Blended at 7:2:1 (cache-input-output) · USD per 1M tokens (blended) · Lower is better

Output Speed vs. Price

Blended at 7:2:1 (cache-input-output) · Output speed: output tokens per second · USD per 1M tokens (blended)
Most attractive quadrant

Speed

Measured by Output Speed (tokens per second)

Output Speed: Mistral Medium 3

Output speed: output tokens per second · 10,000 input tokens

Latency vs. Output Speed

Latency: seconds to first token received · Output speed: output tokens per second · 10,000 input tokens
Most attractive quadrant

Latency

Measured by Time (seconds) to First Token

Time to First Token

Seconds to first token received · Lower is better · 10,000 input tokens

End-to-End Response Time

Seconds to output 500 tokens, calculated based on time to first token, 'thinking' time for reasoning models, and output speed

End-to-End Response Time

Seconds to output 500 tokens, including reasoning model 'thinking' time · Lower is better · 10,000 input tokens

Key Comparison Metrics & API Features

Microsoft Azure logoMicrosoft Azure
128k
Proprietary
--
47
2.38
13.09
--
Mistral logoMistral
131k
Proprietary
--
139
2.22
5.83
--

Frequently Asked Questions

Common questions about Mistral Medium 3 providers