LANGUAGE MODEL Mistral AI Last updated:

Mistral Small 4 (v26.03) NEW

Mistral Small 4 (v26.03) is an API model from Mistral AI. It’s positioned for hard reasoning and planning—work that benefits from iteration, not just one-shot answers.

Intelligence
Medium
Speed
Good
171 tok/s output
Cost
Low
$0.15 in / $0.60 out
Context
256K
Up to 256,000 tokens
How are Intelligence, Speed & Cost bucketed?
Intelligence and Speed buckets are percentile ranks on Artificial Analysis. Cost buckets are fixed dollar thresholds keyed off output-token price ($/M out).
Intelligence
  • Top 1%≤ 1%
  • Top 5%≤ 5%
  • Top 10%≤ 10%
  • Good≤ 25%
  • Medium≤ 50%
  • Below avg> 50%
Speed
  • Top 1%≥ 345 tok/s
  • Top 5%≥ 237 tok/s
  • Top 10%≥ 196 tok/s
  • Good≥ 146 tok/s
  • Medium≥ 90 tok/s
  • Slow< 90 tok/s
Cost
  • Freeopen weights · self-host
  • Low< $1 / M out
  • Moderate$1–5 / M out
  • High≥ $5 / M out

Core Capabilities

Long Documents
Handles entire codebases, books, and multi-doc RAG.
Reasoning
Solves complex math, logic, and planning tasks.

Context Window

256k tokens
≈ 197+ pages
4k Chat 聊天
32k Long docs 长文档
128k Books 整本书
400k Multi-doc 多文档
1M Codebase 整个代码库
10M
256k

Availability

API
Available
Product / App
Not available
Open Source
Not released
Enterprise
Contact sales

Pricing Model

Free / self-host
Open weights — pay only for compute.
Self-host

Capability / Performance

Where this model sits relative to the middle 60% of models in the tree. All scores are 0–10 (higher is better).

Lower 20% Upper 80% This model
Reasoning
AA Intelligence Index · scaled to 10
1.7
5.6
4.0
Coding
SciCode · scaled to 10
1.8
4.3
3.8
Agentic tasks
Terminal-Bench Hard · scaled to 10
0.2
3.6
1.7
Context / memory
Context window size · log-scaled
6.0
9.0
7.0
Cost efficiency
Input price ($/M tokens) · cheaper scores higher
6.2
10.0
10.0
Lower 20% 20th percentile — 20% of models score below this This model Where the current model lands Upper 80% 80th percentile — only 20% of models score above this Percentile boundaries are computed across every model in the tree that reports the underlying benchmark for each capability.

What it feels like

  • Small tier — laptop-class deployment.
  • Mistral's most capable model at release — on par with GPT-4o, Claude 3 Opus, Llama 3 405B at 1/3 the parameter count
  • 84.0% MMLU on the pretrained variant — set a new performance/cost Pareto point for open weights
  • Single-node inference: 123B dense fits on one GPU server — no MoE-routing complexity

Best use cases

  • Multilingual production apps — French/German/Spanish/Italian/Arabic/Chinese/Japanese first-class
  • Function-calling agents and business integrations needing parallel tool calls
  • 80+ programming languages including Python/Java/C++/JavaScript/Bash

Tools to try

Not ideal for

  • Frontier reasoning leaderboards — newer Opus / GPT-5 / DeepSeek R1 lead by significant margins
  • Free-to-use commercial deployments (research license requires payment for production)