Mistral: Models Intelligence, Performance & Price
Analysis of Mistral's models across key metrics including quality, price, output speed, latency, context window & more. This analysis is intended to support you in choosing the best model provided by Mistral for your use-case.
Most Intelligent
Intelligence index
Total 24 models
Fastest
Output speed
Total 24 models
Lowest Price
Blended price (per 1M tokens, 3:1 input-output ratio)
Total 24 models
Mistral offers 24 models, each with different intelligence, performance, and pricing characteristics. Below is a comparison of the key metrics across models.
- For intelligence, the top models on Mistral are Mistral Medium 3.5 (39), Mistral Small 4 (28), Magistral Medium 1.2 (27).
- For output speed, the fastest models are Ministral 3 3B (282 t/s), Devstral Small (225 t/s), Mistral Medium 3.5 (168 t/s). Speed varies significantly across models, with a 74% difference between the fastest and slowest.
- For latency, Ministral 3 3B (0.51s), Mistral 7B (0.63s), Mistral Small 3.2 (0.64s) offer the lowest time to first token.
- For pricing, Ministral 3 3B ($0.10), Ministral 3 8B ($0.15), Devstral Small ($0.15) offer the lowest blended prices per 1M tokens.
- For context window size, Mistral Medium 3.5 (262k), Mistral Large 3 (262k), Devstral 2 (262k) support the largest context windows on Mistral.
- Ministral 3 3B offers both the fastest output and best pricing, making it attractive for throughput-sensitive and cost-conscious applications. Mistral Medium 3.5 leads in intelligence for tasks that require the highest quality.
Highlights
Intelligence
Speed
Price
Intelligence Evaluations
Artificial Analysis Intelligence Index
Intelligence Evaluations
Agentic real-world work tasks, (ELO-500)/2000
Agentic coding & terminal use
Agentic tool use
Long context reasoning
Knowledge
1 - hallucination rate
Reasoning & knowledge
Scientific reasoning
Coding
Instruction following
Physics reasoning
Long-horizon agentic tasks
Visual reasoning
Intelligence vs. Price
Context Window
Context Window
JSON Mode & Function Calling
Function (Tool) Calling & JSON Mode
| Models | Function calling | JSON Mode |
|---|---|---|
 Mistral Medium 3.5, Mistral | ||
| Mistral Small 4, Mistral | ||
| Magistral Medium 1.2, Mistral | ||
| Mistral Large 3, Mistral | ||
| Devstral 2, Mistral | ||
| Mistral Medium 3.1, Mistral | ||
| Devstral Small 2, Mistral | ||
| Mistral Medium 3, Mistral | ||
| Devstral Medium, Mistral | ||
| Mistral Small 4, Mistral | ||
| Magistral Small 1.2, Mistral | ||
| Ministral 3 14B, Mistral |
Pricing
Intelligence vs. Price
Performance Summary
Output Speed vs. Price
Speed
Measured by Output Speed (tokens per second)
Output Speed
Latency
Measured by Time (seconds) to First Token
Time to First Answer Token
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 vs. Price
Key definitions
Frequently Asked Questions
Common questions about Mistral
Mistral offers 24 models that we track: Mistral Medium 3.5, Mistral Small 4, Magistral Medium 1.2, Mistral Large 3, Devstral 2, Mistral Medium 3.1, Devstral Small 2, Mistral Medium 3, Devstral Medium, Mistral Small 4, Magistral Small 1.2, Ministral 3 14B, Devstral Small, Mistral Large 2 (Nov), Mistral Small 3.2, Ministral 3 8B, Mistral Small 3.1, Ministral 3 3B, Pixtral Large, Mistral Small 3, Mistral Small (Sep), Mistral Small (Feb), Mistral 7B, and Mistral Medium.
The most intelligent model available on Mistral is Mistral Medium 3.5 with an Intelligence Index score of 39.
The fastest model on Mistral by output speed is Ministral 3 3B at 281.6 tokens per second.
The model with the lowest time to first token on Mistral is Ministral 3 3B at 0.51s. Lower latency means faster initial response time.
The most affordable model on Mistral by blended price is Ministral 3 3B at $0.10 per 1M tokens (3:1 input to output ratio).
Prices on Mistral vary up to 41x across models, from $0.10 per 1M tokens for Ministral 3 3B to $4.09 per 1M tokens for Mistral Medium.
Yes, Mistral offers an OpenAI-compatible API, making it easy to switch from OpenAI or use existing OpenAI SDK integrations.
23 of 24 models on Mistral support JSON mode for structured output.
23 of 24 models on Mistral support function calling (tool use).
Yes, Mistral offers 4 reasoning models: Mistral Medium 3.5, Mistral Small 4, Magistral Medium 1.2, and Magistral Small 1.2. Reasoning models use extended thinking to work through complex problems before providing an answer.
Yes, 18 of 24 models on Mistral are open weight models: Mistral Medium 3.5, Mistral Small 4, Mistral Large 3, Devstral 2, Devstral Small 2, Mistral Small 4, Magistral Small 1.2, Ministral 3 14B, Devstral Small, Mistral Large 2 (Nov), Mistral Small 3.2, Ministral 3 8B, Mistral Small 3.1, Ministral 3 3B, Pixtral Large, Mistral Small 3, Mistral Small (Sep), and Mistral 7B.
Yes, provider performance can vary over time due to infrastructure changes, load balancing, and updates. We continuously benchmark all providers and display historical performance trends in the "Over Time" charts.
When choosing a model on Mistral, consider: intelligence (for quality-sensitive tasks), output speed (for throughput-intensive tasks), latency (for interactive applications requiring quick first responses), pricing (for cost-sensitive workloads), and features like context window size, JSON mode, or function calling support.