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Open SourceMistral

Mistral Small 3.2

Mistral Small 3.2 is a chat model from Mistral AI, positioned in the company's Small tier as an incremental update within the Mistral Small 3.x line.

License Open Source
Input from
$0.094 / 1M tokens
across 1 provider

API Pricing

ProviderInput / 1MOutput / 1M
$0.094$0.250

Prices updated daily. Last check: Oct 16, 2026

Compare API pricing for every Mistral model →

Mistral Small 3.2 pricing by provider

Input, output, and batch rates, plus alternatives, for one provider at a time.

Performance & Benchmarks

Source: Artificial Analysis →
Intelligence
7.0 / 100
Coding
12.5 / 100
Math
27.0 / 100

Reasoning & Knowledge

  • MMLU-Pro68.1%
  • GPQA Diamond50.5%
  • Humanity's Last Exam4.3%

Coding

  • LiveCodeBench27.5%
  • SciCode28.6%

Math

  • AIME 202527.0%
  • AIME32.3%
  • MATH-50088.3%

Agentic & Tool Use

  • Terminal-Bench Hard6.8%
  • Terminal-Bench v2.15.6%
  • τ²-bench29.5%
  • τ-bench Banking6.2%

Instruction & Long Context

  • IFBench33.5%
  • Long-Context Reasoning20.3%

Benchmarks measured Oct 2026. Scores are independent evaluations, not vendor-reported.

Model Details

General

Creator
Mistral
Modalities
Text

Capabilities

Open Source
Yes

Strengths & Limitations

Strengths

  • Positioned in Mistral's Small tier, targeting lower serving cost and latency than the company's Medium and Large class models
  • Point release within the Mistral Small 3.x line, so prompts and integrations built for the prior 3.x revision generally carry over with minimal changes
  • Available from multiple inference providers, which allows price and latency comparison rather than single-vendor lock-in
  • Mistral publishes models under a consistent instruct/chat interface, simplifying migration between sizes in the family
  • Small-tier sizing makes it a practical candidate for high-volume, repetitive text workloads where a larger model would be over-provisioned
  • Provider choice includes options for self-hosting or dedicated deployment where data residency matters

Limitations

  • We do not track a confirmed context window for this entry, so maximum input length must be checked with the individual provider
  • No independent throughput or time-to-first-token measurements are recorded in our database for this model
  • Small-tier models generally trail larger Mistral models on multi-step reasoning, long-form coding, and nuanced instruction following
  • Capabilities such as vision input, tool calling, and structured output may differ by host and are not confirmed in our metadata
  • As a point update rather than a new generation, gains over the prior 3.x revision are incremental rather than substantial

Key Features

•Instruction-tuned chat interface in Mistral's Small tier
•Part of the Mistral Small 3.x release line
•Served through multiple third-party inference providers
•Chat completions API compatibility as offered by hosting providers
•Suited to latency-sensitive and high-volume text workloads
•Drop-in replacement path from earlier Mistral Small 3.x revisions

About Mistral Small 3.2

Mistral Small 3.2 is a text chat model developed by Mistral AI, a French AI company that publishes a range of general-purpose language models. It sits in the Small tier of Mistral's lineup, below the company's larger Medium and Large class models, and is a point release within the Mistral Small 3.x series rather than a new architecture generation. As with other Small-tier entries, the design goal is to keep serving cost and latency low enough for high-volume workloads while remaining usable for general instruction following, drafting, and lightweight coding. Our database records Mistral Small 3.2 as a chat/instruct model; we do not currently track a confirmed context window length, modality list, or independent throughput and time-to-first-token measurements for this entry, so those specifications should be verified against the documentation of whichever provider you deploy through. Providers in the comparison table below may differ in the context length they expose, the quantization they serve, and which API features (streaming, function calling, structured output) they enable, so capabilities can vary between hosts of the same model name. In practice, Small-tier models like this one are used where a large frontier model would be over-provisioned: batch text transformation, retrieval-augmented question answering over short passages, customer-facing chat with tight latency budgets, and classification or extraction jobs run at volume. Buyers typically compare Mistral Small 3.2 against other small open-weight instruct models and against the cheapest hosted tiers from larger vendors, weighing per-token cost and hosting flexibility against the higher accuracy of bigger models on complex reasoning tasks.

Common Use Cases

Mistral Small 3.2 fits workloads where per-request cost and response latency matter more than maximum reasoning depth: customer support chat, summarization and rewriting pipelines, structured data extraction from short documents, content classification and routing, and retrieval-augmented question answering over modest context. It is also a common choice as the fast tier in a tiered routing setup, handling the majority of straightforward requests while escalating hard or ambiguous cases to a larger Mistral model or another vendor's higher tier. For agentic workflows with long tool chains, deep multi-file code generation, or tasks requiring extended chain-of-thought, a Medium or Large class model or a dedicated reasoning model is typically the better fit.

Frequently Asked Questions

How much does Mistral Small 3.2 cost to run?

Pricing depends on which provider you use and whether you are buying serverless per-token inference, a dedicated endpoint, or GPU capacity to self-host. Input and output tokens are usually billed at different rates, and rates change frequently. See the pricing table on this page for current per-provider figures.

What is Mistral Small 3.2 best used for?

It suits high-volume, latency-sensitive text tasks — support chat, summarization, extraction, classification, and retrieval-augmented Q&A — where a Small-tier model's cost profile is more important than the extra accuracy of a larger model.

How does it differ from Mistral Small 3.1?

Mistral Small 3.2 is a point update within the same 3.x line rather than a new model generation, so changes are incremental and existing prompts and integrations generally transfer. Check Mistral's release notes for the specific behavioral changes in the revision.

What context window does Mistral Small 3.2 support?

Our database does not carry a confirmed context length for this entry, and hosted providers sometimes expose a shorter window than the model's maximum. Verify the supported context with the specific provider you plan to use.

When should I use a larger Mistral model instead?

Move up to a Medium or Large class model when tasks involve multi-step reasoning, long agentic tool chains, complex code generation across many files, or when accuracy on hard prompts justifies the higher per-token cost.