Mistral Small 3.2 pricing & specs

Mistral · released 2025-06-20 · ● verified 2026-10-11 · deprecated

This model is deprecated. Cheapest compatible replacement: Gemma 4 E2B IT.

input / 1M$0.10
output / 1M$0.30
context128K
max output16.4K

// price history ($/1M tokens)

$0.345
input $/1Moutput $/1M2025-06-20 → 2026-10-11

// cheaper or similar alternatives

modelinoutctxvs Mistral Small 3.2
Gemma 4 E2B IT$0.04$0.08131.1K−66.7%
Qwen3.7 Flash$0.03$0.131M−63.3%
Gemma 3 12B IT$0.05$0.10131.1K−58.3%
Gemma 3 27B IT$0.08$0.16131.1K−33.3%
Ministral 3 3B$0.10$0.10131.1K−33.3%

// price by host

hostin $/1Mout $/1M
Scaleway$0.15$0.35

// faq

How much does Mistral Small 3.2 cost?

Mistral Small 3.2 costs $0.10 per million input tokens and $0.30 per million output tokens. At 50M input and 10M output tokens per month that is about $8.00.

What is the context window of Mistral Small 3.2?

128K tokens, with up to 16.4K output tokens per request.

What are cheaper alternatives to Mistral Small 3.2?

Gemma 4 E2B IT ($0.04 in / $0.08 out), Qwen3.7 Flash ($0.03 in / $0.13 out), Gemma 3 12B IT ($0.05 in / $0.10 out) offer the same input types and capabilities for less.

Is Mistral Small 3.2 open weights?

Yes. It is available from 1 tracked hosts; the cheapest is Scaleway at $0.15 input and $0.35 output per million tokens.

// spec sheet

input / 1M
$0.10
output / 1M
$0.30
blended (3:1)
$0.15
context
128K
max output
16.4K
input types
text · image
reasoning
no
tool calling
yes
structured output
no
open weights
yes
knowledge cutoff
2025-03
price source
Mistral

report a data error

// cost calculator

modelin $/1Mout $/1M= monthly
Gemma 4 E2B IT$0.04$0.08$2.80
Qwen3.7 Flash$0.03$0.13$2.80
Gemma 3 12B IT$0.05$0.10$3.50
Mistral Small 3.2$0.10$0.30$8.00

Base-tier list prices. Long-context tiers, caching and batch discounts are not included.