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Magistral Medium (latest)

mistral·mistral/magistral-medium-latest·GA·Closed·magistral-medium series
Mistral reasoning model for transparent analysis, math, and complex decisions

Magistral Medium (latest) by mistral is offered by 4 providers on this page. Its official list price is $2.00 per 1M input tokens and $5.00 per 1M output tokens. The lowest paid channel is Merge Gateway at $2.00 / $5.00 per 1M, about 1.3× below the list price. That channel is a third-party gateway, so confirm its availability and rate limits before depending on it.

Artificial Analysis rates it 9.1 on the Intelligence Index. Against its lowest blended price of $2.75 per 1M, that is roughly 3 index points per dollar, which is the value ratio the leaderboards rank on.

The context window is 128,000 tokens at the reference host, but hosts report different limits, from 128,000 to 262,144, so the usable window depends on the provider you pick. It supports reasoning, tool use, and structured output. Accepted input modalities are Text and Image. Providers report the capability flags inconsistently, so verify a specific feature against the host you plan to use. Its training knowledge cuts off at 2025-06.

Specs & pricing

Input / output per 1M tokens
Official price·Mistral
$2.00 / $5.00
Blended $2.75 · Cache read —
Lowest paid·Merge GatewayGateway
$2.00 / $5.00
Blended $2.75 · 1.3× spread
Context
128,000
Output limit
16,384
Knowledge cutoff
2025-06
Released / updated
2025-03-17 / 2025-03-20
Capabilities
✓ Reasoning✓ Tool use✓ Structured output✓ TemperatureAttachments
⚠ Providers report capability flags inconsistently
Modalities
TextImage

Quality & performanceArtificial Analysis · Intelligence Index v4.3

Intelligence9.1
Value3
Coding—
Agentic—
Output speed—
TTFT—
Value formulaIQ 9.1 ÷ min blended $2.750 = 3

Quality is independently evaluated by Artificial Analysis. Speed/latency are model-level medians.

Available at 4 providers4 with public prices

ProviderTierInputOutputCache readCache writeContextOutput limitStatus
Merge GatewayGateway$2.00$5.00——128,00016,384
Pioneer
magistral-medium
Gateway$2.00$5.00$2.00$2.00128,00064,000
MistralOfficialFirst-party$2.00$5.00——128,00016,384
Eden AIGateway$1.50$7.50$0.15—262,144 ⚠16,384

Sorted by blended price (input×0.75 + output×0.25) asc. The official channel always shows regardless of rank. Whether a gateway's low price is actually usable can't be verified.

Reasoning control

effort = loweffort = mediumeffort = high

Interleaved thinking (reasoning between tool calls) is declared by 1 of 4 providers.

3 / 4 providers expose no reasoning control (reasoning_options: []).

Your usage cost

1Eden AI$513.00
2Merge Gateway$650.00
3Pioneer$650.00
4Mistral · Official$650.00
Switch to Eden AI to save $137.00/mo (21%)
Note: this is a gateway; verify availability and rate limits yourself.

Price historyone sample accumulated per data sync

Input listOutput listMin blended
$5.00$02026-08-052026-08-132026-08-05 · Input list $2.002026-08-06 · Input list $2.002026-08-07 · Input list $2.002026-08-08 · Input list $2.002026-08-09 · Input list $2.002026-08-10 · Input list $2.002026-08-11 · Input list $2.002026-08-12 · Input list $2.002026-08-13 · Input list $2.002026-08-05 · Output list $5.002026-08-06 · Output list $5.002026-08-07 · Output list $5.002026-08-08 · Output list $5.002026-08-09 · Output list $5.002026-08-10 · Output list $5.002026-08-11 · Output list $5.002026-08-12 · Output list $5.002026-08-13 · Output list $5.002026-08-05 · Min blended $2.752026-08-06 · Min blended $2.752026-08-07 · Min blended $2.752026-08-08 · Min blended $2.752026-08-09 · Min blended $2.752026-08-10 · Min blended $2.752026-08-11 · Min blended $2.752026-08-12 · Min blended $2.752026-08-13 · Min blended $2.75

Artificial Analysis evaluations11 items

GPQA Diamond67.9%
Humanity's Last Exam9.8%
MMLU-Pro75.3%
LiveCodeBench52.7%
Terminal-Bench Hard9.1%
AIME 202540.3%
AIME70.0%
MATH-50091.7%
τ²-Bench Telecom23.1%
AA-LCR0.0%
IFBench25.1%

Individual evaluations run by Artificial Analysis, on the same reasoning tier as the intelligence score above. Each benchmark has its own task set and harness, so rows are not comparable with one another. The Intelligence Index above draws on a different, newer set of evaluations.

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Data partly from models.dev (MIT) · Mistral official docs ↗