Model comparison

Mistral Small 3.2 vs o3-mini

o3-mini is the stronger model overall, scoring 36.7 to 31.2 on the Noometry Index. Mistral Small 3.2 costs 14× less per token, which makes it the better buy when o3-mini's lead doesn't matter for your workload.

Last verified . 4 shared benchmarks.

Mistral Small 3.2 Mistral AI

31.2

Rank #280 Confirmed

o3-mini OpenAI

36.7

Rank #212 Confirmed

Summary

  • They share 4 benchmarks with published results for both. Mistral Small 3.2 scores higher in 1 category and o3-mini in 3 categories; 4 gaps are clear of the uncertainty.
  • The widest gap is in knowledge, where o3-mini leads 38.3 to 26.7.
  • The biggest single-benchmark swing is OTIS Mock AIME 2024-2025: 30.3% for Mistral Small 3.2 and 76.9% for o3-mini.
  • Mistral Small 3.2 is cheaper at $0.0938 / $0.25 per million input/output tokens, against $1.10 / $4.40 for o3-mini.
  • Mistral Small 3.2 accepts more context: 256K tokens versus 200K.
  • Mistral Small 3.2 has downloadable open weights; the other is API-only.

Side by side

Mistral Small 3.2 and o3-mini specifications
Mistral Small 3.2o3-mini
ProviderMistral AIOpenAI
Noometry Index31.236.7
Released2025-06-202024-12-20
WeightsOpenProprietary
Context window256K200K
Max output16K100K
Input $ / M tokens$0.0938$1.10
Output $ / M tokens$0.25$4.40
Results tracked651

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Category by category

Coding Not comparable

Mistral Small 3.2: —, o3-mini: 40.8 (#132)

Coding benchmarks
BenchmarkMistral Small 3.2o3-mini
Aider Polyglot—60.4%
SciCode—39.8%
GSO—1.3%
WeirdML—43.7%
LiveBench Coding—82.7%
LMArena Coding—1378
CadEval—54%

Agentic & Tool Use Not comparable

Mistral Small 3.2: —, o3-mini: 29.6 (#84)

Agentic & Tool Use benchmarks
BenchmarkMistral Small 3.2o3-mini
Cybench—22.5%

Reasoning Mistral Small 3.2 leads

Mistral Small 3.2: 18.1 (#287), o3-mini: 16.3 (#305)

Reasoning benchmarks
BenchmarkMistral Small 3.2o3-mini
Chess Puzzles1%17%
Epoch Capabilities Index131.74140.34
ARC-AGI-2—3%
SimpleBench—22.8%
Kagi LLM Benchmark40.4%—
ARC-AGI-1—34.5%
CritPt—0.3%
LiveBench Reasoning—89.6%
LMArena Hard Prompts—1366
Mystery Game Puzzles—7%
DTBench—68.8%
LiveBench Data Analysis—70.6%
LMCA—19%
ForecastBench—59.6
LiveBench—75.9%

Math o3-mini leads

Mistral Small 3.2: 26.3 (#260), o3-mini: 28.1 (#244)

Math benchmarks
BenchmarkMistral Small 3.2o3-mini
OTIS Mock AIME 2024-202530.3%76.9%
FrontierMath (Tiers 1-3)—18.6%
FrontierMath Tier 4—0%
LiveBench Math—77.3%
LMArena Math—1396
MATH Level 5—96.5%
FrontierMath (Feb 2025 set)—12.4%
FrontierMath Tier 4 (v1)—4.2%

Knowledge o3-mini leads

Mistral Small 3.2: 26.7 (#256), o3-mini: 38.3 (#146)

Knowledge benchmarks
BenchmarkMistral Small 3.2o3-mini
GPQA Diamond49.1%77%
SimpleQA Verified—15.3%
Confabulations—17.9%
LMArena Expert—1364

Multilingual Not comparable

Mistral Small 3.2: —, o3-mini: 45.7 (#164)

Multilingual benchmarks
BenchmarkMistral Small 3.2o3-mini
LMArena Non-English—1319
LMArena Chinese—1379
LMArena French—1334
LMArena German—1303
LMArena Japanese—1286
LMArena Korean—1314
LMArena Russian—1304
LMArena Spanish—1321

Instruction Following Not comparable

Mistral Small 3.2: —, o3-mini: 75.1 (#72)

Instruction Following benchmarks
BenchmarkMistral Small 3.2o3-mini
LiveBench Instruction Following—84.4%
LMArena Instruction Following—1337

Long Context Not comparable

Mistral Small 3.2: —, o3-mini: 33.8 (#256)

Long Context benchmarks
BenchmarkMistral Small 3.2o3-mini
Fiction.LiveBench—50%
LMArena Longer Query—1343

Writing & Preference o3-mini leads

Mistral Small 3.2: 45.0 (#224), o3-mini: 50.3 (#182)

Writing & Preference benchmarks
BenchmarkMistral Small 3.2o3-mini
LMArena Text—1337
LMArena Creative Writing—1286
Short-Story Creative Writing—61.7%
EQ-Bench Creative Writing1255—
LMArena Multi-Turn—1320
LiveBench Language—50.7%

Frequently asked questions

Is Mistral Small 3.2 better than o3-mini?

o3-mini is the stronger model overall, scoring 36.7 to 31.2 on the Noometry Index. Mistral Small 3.2 costs 14× less per token, which makes it the better buy when o3-mini's lead doesn't matter for your workload.

Which is cheaper, Mistral Small 3.2 or o3-mini?

Mistral Small 3.2 is cheaper. It lists at $0.0938 per million input tokens and $0.25 per million output tokens; o3-mini lists at $1.10 and $4.40.

Which has the bigger context window?

Mistral Small 3.2 does, with 256K tokens against 200K.

How many benchmarks do Mistral Small 3.2 and o3-mini share?

4 benchmarks have published results for both models. Mistral Small 3.2 has 6 scored results on Noometry and o3-mini has 51.

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