AI model comparison

Mistral Small 4 vs Mistral Medium 3

Pricing, context window, benchmarks, and features compared side by side. Or skip the guesswork and send one prompt to both.

Mistral Small 4 is the next major release in the Mistral Small family, unifying the capabilities of several flagship Mistral models into a single system.

Input / 1M
$0.15
Output / 1M
$0.60
Context
262K

Mistral Medium 3 is a high-performance enterprise-grade language model designed to deliver frontier-level capabilities at significantly reduced operational cost.

Input / 1M
$0.40
Output / 1M
$2
Context
131K

At a glance

Quick verdict

How the two models stack up on the things people ask about most.

Lower price

mistralai logo

Mistral Small 4

3x cheaper for a typical chat

Higher intelligence score

mistralai logo

Mistral Small 4

11.3 vs 9 on Artificial Analysis

Larger context window

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Mistral Small 4

262K vs 131K tokens

Newer release

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Mistral Small 4

Released March 16, 2026

Benchmarks

Benchmark scores

Independent scores from Artificial Analysis. Higher is better.

Intelligence index

mistralai logoMistral Small 411.3
mistralai logoMistral Medium 39

Coding index

mistralai logoMistral Small 426.6
mistralai logoMistral Medium 3Not available

Agentic index

mistralai logoMistral Small 40.8
mistralai logoMistral Medium 3Not available

Pricing

Mistral Small 4 vs Mistral Medium 3 API pricing

Per-token API rates. Cheaper option highlighted.

Metricmistralai logoMistral Small 4mistralai logoMistral Medium 3
Input tokensPer 1M tokens$0.15$0.40
Output tokensPer 1M tokens$0.60$2
Cached input (read)Per 1M tokens$0.02$0.04
Cache writePer 1M tokensNot availableNot available

What it costs in practice

Estimated cost per 1,000 requests at standard rates. Coding and long-document figures also show the cost when the input is already cached.

Chat message

2K in, 500 out

mistralai logoMistral Small 4$0.60
mistralai logoMistral Medium 3$1.80

Coding task

30K in, 4K out

mistralai logoMistral Small 4$6.90$2.85 cached
mistralai logoMistral Medium 3$20$9.20 cached

Long document summary

150K in, 2K out

mistralai logoMistral Small 4$23.70$3.45 cached
mistralai logoMistral Medium 3$64$10 cached

Specs

Context window and capabilities

How much each model can read, how much it can write, and what it accepts as input.

Metricmistralai logoMistral Small 4mistralai logoMistral Medium 3
Context window262K tokens131K tokens
Max output210K tokens105K tokens
Input typesImage, TextFile, Image, Text
Output typesTextText
Reasoning effort levelsHigh, NoneNot available
Default reasoning effortHighNot available
Release dateMarch 16, 2026May 7, 2025

Features

Supported features

API features available for each model.

Metricmistralai logoMistral Small 4mistralai logoMistral Medium 3
Tool callingSupportedSupported
Structured outputsSupportedSupported
JSON modeSupportedSupported
ReasoningSupportedNot supported
TemperatureSupportedSupported
Stop sequencesSupportedSupported
Deterministic seedSupportedSupported
Verbosity controlNot supportedNot supported

Our take

Mistral Small 4 is 3x cheaper for a typical chat. Mistral Small 4 scores higher on the Artificial Analysis Intelligence Index (11.3 vs 9). Mistral Small 4 has the larger context window (262K vs 131K tokens). The right pick depends on your workload, so the quickest way to settle it is to send the same prompt to both and compare.

FAQ

Frequently asked questions

Is Mistral Small 4 or Mistral Medium 3 cheaper?

Mistral Small 4 is cheaper for a typical chat (2K input tokens and 500 output tokens). Mistral Small 4 costs $0.15 per 1M input tokens and $0.60 per 1M output tokens, while Mistral Medium 3 costs $0.40 per 1M input tokens and $2 per 1M output tokens.

Which has a bigger context window, Mistral Small 4 or Mistral Medium 3?

Mistral Small 4 supports up to 262K tokens of context, compared with 131K for Mistral Medium 3.

Is Mistral Small 4 smarter than Mistral Medium 3?

On the Artificial Analysis Intelligence Index, Mistral Small 4 scores 11.3 and Mistral Medium 3 scores 9, putting Mistral Small 4 ahead. Benchmarks don't capture everything, so the best test is running your own prompts through both.

Can I use Mistral Small 4 and Mistral Medium 3 at the same time?

Yes. Shortcut Chat sends one prompt to multiple models at once, so you can see Mistral Small 4 and Mistral Medium 3 answer side by side and keep the better response.

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Why choose? Ask both.

Send one prompt to Mistral Small 4 and Mistral Medium 3 at the same time. Compare the answers side by side and keep the best one.