# Mercury 2.5 vs Mistral Small 3.2

> Mercury 2.5 is the stronger model overall, scoring 33.5 to 31.2 on the Noometry Index.

- Canonical page: https://noometry.com/compare/mercury-2-5-vs-mistral-small-3-2
- Last updated: 2026-10-12
- Shared benchmarks: 0

## Summary

- The widest gap is in reasoning, where Mercury 2.5 leads 22.4 to 18.1.
- Mercury 2.5 is cheaper at $0.04 / $0.15 per million input/output tokens, against $0.0938 / $0.25 for Mistral Small 3.2.
- Mercury 2.5 accepts more context: 260K tokens versus 256K.
- Mistral Small 3.2 has downloadable open weights; the other is API-only.

## Snapshot

| | Mercury 2.5 | Mistral Small 3.2 |
|---|---|---|
| Provider | Inception | Mistral AI |
| Noometry Index | 33.5 | 31.2 |
| Rank | 242 | 280 |
| Context | 260K | 256K |
| Input $/M | $0.04 | $0.0938 |
| Output $/M | $0.15 | $0.25 |
| Weights | Proprietary | Open |

## Coding

- Mercury 2.5: 39.5 (#156)
- Mistral Small 3.2: —

| Benchmark | Mercury 2.5 | Mistral Small 3.2 |
|---|---|---|
| SciCode | 38.5% | — |
| ALE-Bench | 301.65 | — |

## Reasoning

- Mercury 2.5: 22.4 (#193)
- Mistral Small 3.2: 18.1 (#287)

| Benchmark | Mercury 2.5 | Mistral Small 3.2 |
|---|---|---|
| Kagi LLM Benchmark | — | 40.4% |
| CritPt | 0% | — |
| Chess Puzzles | — | 1% |
| Epoch Capabilities Index | — | 131.74 |

## Math

- Mercury 2.5: 23.3 (#272)
- Mistral Small 3.2: 26.3 (#260)

| Benchmark | Mercury 2.5 | Mistral Small 3.2 |
|---|---|---|
| OTIS Mock AIME 2024-2025 | — | 30.3% |
| ProofBench | 3% | — |

## Knowledge

- Mercury 2.5: —
- Mistral Small 3.2: 26.7 (#256)

| Benchmark | Mercury 2.5 | Mistral Small 3.2 |
|---|---|---|
| GPQA Diamond | — | 49.1% |

## Writing & Preference

- Mercury 2.5: —
- Mistral Small 3.2: 45.0 (#224)

| Benchmark | Mercury 2.5 | Mistral Small 3.2 |
|---|---|---|
| EQ-Bench Creative Writing | — | 1255 |

## FAQ

### Is Mercury 2.5 better than Mistral Small 3.2?

Mercury 2.5 is the stronger model overall, scoring 33.5 to 31.2 on the Noometry Index.

### Which is cheaper, Mercury 2.5 or Mistral Small 3.2?

Mercury 2.5 is cheaper. It lists at $0.04 per million input tokens and $0.15 per million output tokens; Mistral Small 3.2 lists at $0.0938 and $0.25.

### Which has the bigger context window?

Mercury 2.5 does, with 260K tokens against 256K.

### How many benchmarks do Mercury 2.5 and Mistral Small 3.2 share?

0 benchmarks have published results for both models. Mercury 2.5 has 4 scored results on Noometry and Mistral Small 3.2 has 6.