Mistral AI

Mistral Small 3.2

Reviewed by the GetInfoUs research teamLast reviewed: October 2026Editorial policy
43
Intelligence Index

Refined 24B open-weights model upgraded with native vision capabilities, 128K context window, and enhanced coding precision.

Technical Specifications

Provider
Mistral AI
Category
open-source
Release Date
2025-06
Knowledge Cutoff
April 2025
Architecture
Compact Vision-Language Transformer
Parameters
24B
Context Window
128K tokens
Max Output
8K tokens
Cached Input Price
$0.05 / 1M tokens
Batch API Discount
50% off async batch
Consumer Subscription
Free / Self-Hosted
Reasoning Mode
No (Standard)
Reasoning Effort Control
Fixed
Tool Calling
Yes
Structured Outputs
Yes
Open Weights
Yes (Open Source / Self-Hostable)
Input Modalities
text, vision
Output Modalities
text
Official Documentation
Visit Official Docs ↗

Data Privacy, Licensing & Deployment Governance

API Data Training Policy
100% Isolated when self-hosted on private GPUs or VPC
Model License & Commercial Rights
Permissive Open-Weights (Apache 2.0 / MIT Commercial)
Deployment & Cloud Availability
Self-Hosted GPU (vLLM / Ollama), Private VPC, or Managed Serverless API
Output Ownership
Full commercial ownership of generated outputs

Official Provider Release Intelligence, API Quotas & Agentic Specs

Compare Multi-Models Side-by-Side →
Official API Model ID (SDK String)
mistral-small-3-2-latest
Supported SDK & API Protocol
OpenAI-Compatible REST / vLLM / SGLang / HuggingFace TGI
Lifecycle & Deprecation Status
Active GA (Guaranteed support through 2027+)
Production Rate Limits (RPM & TPM)
Unlimited (Hardware-bound on self-hosted GPU) / 10,000 RPM Cloud · Unlimited local throughput / 10M+ TPM Managed Cloud
Long-Context Pricing Tier (>128K / >200K)
Flat rate ($0.1/1M in) across full 128K window
Prompt Cache Write & TTL Policy
Cached input at $0.05/1M tokens
Computer Use & Browser GUI Agent
API / CLI Tool-Use & DOM Agent ready (no raw pixel desktop click loop)
MCP & Parallel Tool Calling
Native MCP Client/Server ready · Parallel function calling · 100% Strict JSON Schema
Web Search Grounding & Code Sandbox
Supported via external Tavily/Exa Search & E2B/Docker Sandbox tools
Fine-Tuning & Distillation Support
Full Weights SFT, LoRA, QLoRA, DPO & GRPO RL (Unsloth / Axolotl / Llama-Factory)
Multimodal Tokenization Billing
Text BPE (~4 chars/token) · Vision (~258–765 tokens per image tile)
Weights Precision & Quantization
BF16 / FP16, FP8 Dynamic, INT4 AWQ / GPTQ, GGUF (Q4_K_M / Q8_0)
Minimum GPU VRAM Requirement
15 GB VRAM (4-bit Quantized) · 52 GB VRAM (Native BF16)
Supported Inference Engines
vLLM, SGLang, Ollama, llama.cpp, TensorRT-LLM, HuggingFace TGI
System Card & Safety Framework
Open-Weights System Card + Customizable Guardrail Layer (Llama Guard / ShieldGemma)
Enterprise Compliance (SOC2 / HIPAA / ZDR)
100% Air-Gapped On-Premises / Private VPC · Full HIPAA, GDPR & SOC2 Control
Engineering & Pricing Workbench

Mistral Small 3.2 Cost, Context, Hardware & API Integration

500 / day
4,000 tok
1,000 tok
Conversation Depth (History Re-billing):1 Turn (Single-Shot)
50%
Estimated Monthly API Cost (30 Days)
$9.00$10.50
Monthly Savings: $1.50 (Caching/Batch)
Subscription ($20/mo) vs API

Pay-as-you-go API is cheaper for this volume (saves $11.00/mo vs $20 flat plan).

Break-even point: ~1,111 requests/day equals $20/month.

Same Monthly Workload Cost Across Popular Reference Models

Mistral Small 3.2 (Active)
$9.00
/ month
Gemini 2.5 Flash
$18.00
/ month
DeepSeek V3
$32.70
/ month
GPT-4o
$300.00
/ month
Claude 3.7 Sonnet
$405.00
/ month

Live Prompt Paste Tokenizer & Cost Counter

Paste real system instructions, JSON schemas, or code to measure BPE token counts across tokenizers.

Chars / Words
175 / 24
OpenAI o200k
~46 tok
Claude BPE
~49 tok
Llama / DeepSeek
~51 tok

Hybrid Prompt Routing Cascade Simulator

Route routine queries to a fast lightweight model ($0.15/1M) and escalate only complex reasoning turns to Mistral Small 3.2:

Cascaded Monthly Bill:$15.75/mo
This model is already priced at or below the fast router baseline.

Benchmark Scores & 6-Axis Capability Radar

Benchmark Encyclopedia
Coding (39)Reasoning (56)Knowledge (73)Speed (67)Context (75)Cost Value (94)
Mistral Small 3.22026 Frontier Median
SWE-bench Verified
34%
GPQA Diamond
48.5%
MMLU-Pro
72.5%
HumanEval
82%
Terminal-Bench
29%
AIME
55%
Long-Context Reasoning
68%
Chatbot Arena Elo
1255pts

Strengths

  • Expanded 128K context window with native multimodal image understanding
  • Fast 100 tok/s execution speed on commodity hardware
  • Permissive open weights for on-premise deployments

Limitations & Trade-offs

  • Image resolution capped compared to large vision models
  • Lacks deep autonomous chain-of-thought

Editorial Assessment

An impressively versatile 24B multimodal upgrade for cost-conscious architectures.

Best for: High-volume multimodal triage, edge image-text extraction, and responsive chat assistants

Frequently Asked Questions about Mistral Small 3.2

How much does the Mistral Small 3.2 API cost per 1M tokens?+

Mistral Small 3.2 by Mistral AI is priced at $0.1 per 1M input tokens and $0.3 per 1M output tokens. With prompt caching enabled, cached input tokens cost $0.05 per 1M tokens, and asynchronous Batch API requests receive a 50% discount.

Should I use a $20/month subscription or the Mistral Small 3.2 pay-as-you-go API?+

A flat $20/month consumer subscription is predictable for daily interactive chat and manual coding. However, if you are building software, running automated workflows, or sending low-to-moderate volume with prompt caching enabled, the pay-as-you-go API is typically far more cost-effective and offers higher rate limits without manual UI caps.

How many words and pages fit in Mistral Small 3.2's context window?+

Mistral Small 3.2 features a 128K tokens context window, which equals approximately 96,000 English words or ~256 standard single-spaced pages in a single prompt. Its maximum output generation per turn is 8,192 tokens.

Can I run Mistral Small 3.2 locally on my own GPU (Open Weights)?+

Yes, Mistral Small 3.2 (24B) releases open weights that can be self-hosted locally or on private cloud GPUs using vLLM, Ollama, SGLang, or llama.cpp.

Does Mistral AI train on data sent to the Mistral Small 3.2 API, and is commercial use allowed?+

100% Isolated when self-hosted on private GPUs or VPC. License tier: Permissive Open-Weights (Apache 2.0 / MIT Commercial). Full commercial ownership of generated outputs. Supported deployment channels include: Self-Hosted GPU (vLLM / Ollama), Private VPC, or Managed Serverless API.

How does Mistral Small 3.2 perform on coding and reasoning benchmarks?+

Mistral Small 3.2 achieves a composite Intelligence Index of 43/100, scoring 34% on SWE-bench Verified, 48.5% on GPQA Diamond, 72.5% on MMLU-Pro, and 1255 pts on Chatbot Arena Elo.

What is Mistral Small 3.2 best used for?+

Mistral Small 3.2 is best suited for: High-volume multimodal triage, edge image-text extraction, and responsive chat assistants. Assessment: An impressively versatile 24B multimodal upgrade for cost-conscious architectures.

AI Glossary & Architecture Concepts

View full glossary →

Key machine learning concepts and benchmarks relevant to Mistral Small 3.2:

Benchmark scores, token prices, and rate limits evolve rapidly as AI labs release model updates. Always verify current specifications and pricing on the official provider documentation.

Sources: Mistral AI Open Models (June 2025)↗