Model comparison

Kimi K2 (Jul 2025) vs Mistral Small 3.2

Kimi K2 (Jul 2025) is the stronger model overall, scoring 41.2 to 31.2 on the Noometry Index. Mistral Small 3.2 costs 7.5× less per token, which makes it the better buy when Kimi K2 (Jul 2025)'s lead doesn't matter for your workload.

Last verified . 3 shared benchmarks.

Kimi K2 (Jul 2025) Moonshot AI

41.2

Rank #140 Confirmed

Mistral Small 3.2 Mistral AI

31.2

Rank #280 Confirmed

Summary

  • They share 3 benchmarks with published results for both. Kimi K2 (Jul 2025) scores higher in 4 categories and Mistral Small 3.2 in 0 categories; 4 gaps are clear of the uncertainty.
  • The widest gap is in writing & preference, where Kimi K2 (Jul 2025) leads 62.3 to 45.0.
  • The biggest single-benchmark swing is Kagi LLM Benchmark: 64.4% for Kimi K2 (Jul 2025) and 40.4% for Mistral Small 3.2.
  • Mistral Small 3.2 is cheaper at $0.0938 / $0.25 per million input/output tokens, against $0.57 / $2.30 for Kimi K2 (Jul 2025).
  • Kimi K2 (Jul 2025) accepts more context: 262K tokens versus 256K.

Side by side

Kimi K2 (Jul 2025) and Mistral Small 3.2 specifications
Kimi K2 (Jul 2025)Mistral Small 3.2
ProviderMoonshot AIMistral AI
Noometry Index41.231.2
Released2025-07-122025-06-20
WeightsOpenOpen
Context window262K256K
Max output262K16K
Input $ / M tokens$0.57$0.0938
Output $ / M tokens$2.30$0.25
Results tracked426

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Category by category

Coding Not comparable

Kimi K2 (Jul 2025): 42.4 (#102), Mistral Small 3.2: —

Coding benchmarks
BenchmarkKimi K2 (Jul 2025)Mistral Small 3.2
SWE-bench Verified (bash only)63.4%—
Aider Polyglot59.1%—
GSO4.9%—
WeirdML42.8%—
LMArena Coding1399—
ALE-Bench597.5—

Agentic & Tool Use Not comparable

Kimi K2 (Jul 2025): 32.4 (#64), Mistral Small 3.2: —

Agentic & Tool Use benchmarks
BenchmarkKimi K2 (Jul 2025)Mistral Small 3.2
Terminal-Bench35.7%—
Berkeley Function Calling Leaderboard59.1%—
METR Time Horizons59.2%—

Reasoning Kimi K2 (Jul 2025) leads

Kimi K2 (Jul 2025): 23.3 (#179), Mistral Small 3.2: 18.1 (#287)

Reasoning benchmarks
BenchmarkKimi K2 (Jul 2025)Mistral Small 3.2
Kagi LLM Benchmark64.4%40.4%
Epoch Capabilities Index146.01131.74
SimpleBench26.3%—
Chess Puzzles—1%
LMArena Hard Prompts1384—
ForecastBench60.2—

Math Kimi K2 (Jul 2025) leads

Kimi K2 (Jul 2025): 42.7 (#83), Mistral Small 3.2: 26.3 (#260)

Math benchmarks
BenchmarkKimi K2 (Jul 2025)Mistral Small 3.2
OTIS Mock AIME 2024-2025—30.3%
Omni-MATH65.4%—
LMArena Math1397—
FrontierMath (Feb 2025 set)21.4%—
FrontierMath Tier 4 (v1)0%—

Knowledge Kimi K2 (Jul 2025) leads

Kimi K2 (Jul 2025): 37.3 (#157), Mistral Small 3.2: 26.7 (#256)

Knowledge benchmarks
BenchmarkKimi K2 (Jul 2025)Mistral Small 3.2
GPQA Diamond—49.1%
MMLU-Pro81.9%—
Confabulations20.4%—
Vectara Hallucination Rate17.9%—
GPQA (HELM)65.3%—
LMArena Expert1365—

Multilingual Not comparable

Kimi K2 (Jul 2025): 49.6 (#130), Mistral Small 3.2: —

Multilingual benchmarks
BenchmarkKimi K2 (Jul 2025)Mistral Small 3.2
LMArena Non-English1372—
LMArena Chinese1415—
LMArena French1379—
LMArena German1387—
LMArena Japanese1349—
LMArena Korean1325—
LMArena Russian1385—
LMArena Spanish1386—

Instruction Following Not comparable

Kimi K2 (Jul 2025): 71.1 (#156), Mistral Small 3.2: —

Instruction Following benchmarks
BenchmarkKimi K2 (Jul 2025)Mistral Small 3.2
IFEval85%—
LMArena Instruction Following1348—

Long Context Not comparable

Kimi K2 (Jul 2025): 41.2 (#145), Mistral Small 3.2: —

Long Context benchmarks
BenchmarkKimi K2 (Jul 2025)Mistral Small 3.2
Fiction.LiveBench66.7%—
CL-bench17.6%—
LMArena Longer Query1353—

Writing & Preference Kimi K2 (Jul 2025) leads

Kimi K2 (Jul 2025): 62.3 (#78), Mistral Small 3.2: 45.0 (#224)

Writing & Preference benchmarks
BenchmarkKimi K2 (Jul 2025)Mistral Small 3.2
EQ-Bench Creative Writing16661255
LMArena Text1380—
LMArena Creative Writing1350—
Short-Story Creative Writing85.6%—
WildBench86.2%—
LMArena Multi-Turn1371—

Frequently asked questions

Is Kimi K2 (Jul 2025) better than Mistral Small 3.2?

Kimi K2 (Jul 2025) is the stronger model overall, scoring 41.2 to 31.2 on the Noometry Index. Mistral Small 3.2 costs 7.5× less per token, which makes it the better buy when Kimi K2 (Jul 2025)'s lead doesn't matter for your workload.

Which is cheaper, Kimi K2 (Jul 2025) or Mistral Small 3.2?

Mistral Small 3.2 is cheaper. It lists at $0.0938 per million input tokens and $0.25 per million output tokens; Kimi K2 (Jul 2025) lists at $0.57 and $2.30.

Which has the bigger context window?

Kimi K2 (Jul 2025) does, with 262K tokens against 256K.

How many benchmarks do Kimi K2 (Jul 2025) and Mistral Small 3.2 share?

3 benchmarks have published results for both models. Kimi K2 (Jul 2025) has 42 scored results on Noometry and Mistral Small 3.2 has 6.

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