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Mistral Small (latest)

mistral·mistral/mistral-small-latest·GA·Open weights·mistral-small series
Efficient Mistral model for fast chat, extraction, and production assistants

Mistral Small (latest) is offered by 5 providers on this page. Its official list price is $0.15 per 1M input tokens and $0.60 per 1M output tokens.

Artificial Analysis rates it 5.8 on the Intelligence Index. Against its lowest blended price of $0.263 per 1M, that is roughly 22 index points per dollar, which is the value ratio the leaderboards rank on.

The context window is 256,000 tokens at the reference host, but hosts report different limits, from 256,000 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. The weights are open, so it can also be self-hosted or served through a gateway of your choice. 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
$0.15 / $0.60
Blended $0.26 · Cache read $0.015
Lowest paid·Vercel AI GatewayCloud
$0.15 / $0.60
Blended $0.26 · 1× spread
Context
256,000
Output limit
256,000
Knowledge cutoff
2025-06
Released / updated
2026-03-16 / 2026-03-16
Capabilities
✓ Reasoning✓ Tool use✓ Structured output✓ Temperature✓ Attachments
⚠ Providers report capability flags inconsistently
Modalities
TextImage
Weights
Hugging Face

Quality & performanceArtificial Analysis · Intelligence Index v4.3

Intelligence5.8
Value22
Coding—
Agentic—
Output speed—
TTFT—
Value formulaIQ 5.8 ÷ min blended $0.263 = 22
Reasoning tier → intelligence / speed (higher tier = stronger but slower)
defaultIQ 5.5
defaultIQ 5.8

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

Available at 5 providers5 with public prices

ProviderTierInputOutputCache readCache writeContextOutput limitStatus
Vercel AI Gateway
mistral/mistral-small
Cloud$0.15$0.60$0.015—262,144 ⚠4,000
Merge GatewayGateway$0.15$0.60——256,000256,000
Eden AIGateway$0.15$0.60$0.015—262,144 ⚠256,000
Tempr GatewayGateway$0.15$0.60——256,000256,000
MistralOfficialFirst-party$0.15$0.60$0.015—256,000256,000

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 = noneeffort = high

1 / 5 providers expose no reasoning control (reasoning_options: []).

Your usage cost

1Vercel AI Gateway$43.80
2Eden AI$43.80
3Mistral · Official$43.80
4Merge Gateway$60.00
5Tempr Gateway$60.00
Switch to Vercel AI Gateway to save $0/mo (0%). The gap is small, so staying on the official channel is fine.

Price historyone sample accumulated per data sync

Input listOutput listMin blended
$0.60$02026-08-052026-09-162026-08-05 · Input list $0.152026-08-06 · Input list $0.152026-08-07 · Input list $0.152026-08-08 · Input list $0.152026-08-09 · Input list $0.152026-08-10 · Input list $0.152026-08-11 · Input list $0.152026-08-12 · Input list $0.152026-08-13 · Input list $0.152026-08-15 · Input list $0.152026-08-22 · Input list $0.152026-09-16 · Input list $0.152026-08-05 · Output list $0.602026-08-06 · Output list $0.602026-08-07 · Output list $0.602026-08-08 · Output list $0.602026-08-09 · Output list $0.602026-08-10 · Output list $0.602026-08-11 · Output list $0.602026-08-12 · Output list $0.602026-08-13 · Output list $0.602026-08-15 · Output list $0.602026-08-22 · Output list $0.602026-09-16 · Output list $0.602026-08-05 · Min blended $0.152026-08-06 · Min blended $0.152026-08-07 · Min blended $0.152026-08-08 · Min blended $0.152026-08-09 · Min blended $0.152026-08-10 · Min blended $0.152026-08-11 · Min blended $0.152026-08-12 · Min blended $0.152026-08-13 · Min blended $0.152026-08-15 · Min blended $0.092026-08-22 · Min blended $0.152026-09-16 · Min blended $0.26

Artificial Analysis evaluations6 items

GPQA Diamond38.1%
Humanity's Last Exam4.3%
MMLU-Pro52.9%
LiveCodeBench14.1%
AIME6.3%
MATH-50056.3%

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.

Related models

Mistral: Mistral Small 3same series$0.12 / $0.35Mistral Small 3.2 24B Instructsame series$0.094 / $0.25Mistral Small 3.2 24B Instruct 2506same series$0.33 / $0.33GPT-5 Nanocheaper alternative$0.05 / $0.40Hy3cheaper alternative$0 / $0Qwen3.7 Flashcheaper alternative$0.03 / $0.13Nemotron 3.5 Lightning 30B A3Bcheaper alternative$0 / $0
Data partly from models.dev (MIT) · Mistral official docs ↗