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Phi 4 vs Mistral Large 3 2512

Updated October 21, 2026. 1 benchmarks have a result for both. Coding is ranked on the Vibe Coding Index; every other board is shown as published.

Phi 4Microsoft
Coding
No data
Overall
5.9
Output $/M
$0.14
0
Mistral Large 3 2512Mistral AI
Coding
No data
Overall
9.3
Output $/M
$1.50
1
vs boards won of 1 shared

Decision reading

Neither model has a coding score yet, so the two cannot be ranked on coding.

Phi 4 has the edge where output tokens cost 10.7x less, and where the benchmark that matters is AA Intelligence Index, where it leads.

Shared results
1
Phi 4 only
44
Mistral Large 3 2512 only
27
Like-for-like categories
1 of 9

Shared results can support a head-to-head reading. Results only one model has describe coverage, not superiority.

Which one for your work

Each card is decided by one number both models carry. Where only one has it, the card says so and makes no call.

At a glance

Coding index
Phi 4 not benchmarked, Mistral Large 3 2512 not benchmarked.
Widest category
Intelligence, 3.4 points apart on average over 1 shared benchmark.
Widest single gap
AA Intelligence Index: Phi 4 5.9 against Mistral Large 3 2512 9.3, 3.4 points apart on a 0 to 100 scale.
Output price
Phi 4 $0.14 against Mistral Large 3 2512 $1.50 per million output tokens, 10.7x apart.
Context window
Phi 4 takes 16K tokens, Mistral Large 3 2512 262K.

Benchmark by benchmark

First the score: boards each model leads, per category, where both have a result. Then every board, a category to a fold; bars are each result on a 0 to 100 scale, so compare the two in a row, not one row with another.

Boards won, where both have a result
CategoryPhi 4BarsMistral Large 3 2512Ties
Intelligence01
All shared boards01
CodingDirectional onlySix of these boards feed the Vibe Coding Index8 boards, none shared
Coding benchmarks for Phi 4 and Mistral Large 3 2512
BenchmarkPhi 4Mistral Large 3 2512Leader
AA Coding IndexNot measured20.1Only Mistral Large 3 2512 measured
LiveCodeBench (Vals AI)Not measured55.3%Only Mistral Large 3 2512 measured
SWE-bench Verified (Vals AI)Not measured41.4%Only Mistral Large 3 2512 measured
LiveCodeBench (Artificial Analysis run)23.1%Not measuredOnly Phi 4 measured
Terminal-Bench Hard (Artificial Analysis run)3.8%Not measuredOnly Phi 4 measured
ALE-BenchNot measured264.7Only Mistral Large 3 2512 measured
LMArena Text: coding1231Not measuredOnly Phi 4 measured
LMArena Text: software and IT1228Not measuredOnly Phi 4 measured
Neither model has a result on the other 30 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index01
Intelligence benchmarks for Phi 4 and Mistral Large 3 2512
BenchmarkPhi 4Mistral Large 3 2512Leader
AA Intelligence Index5.99.3Mistral Large 3 2512
Epoch Capabilities Index130.5Not measuredOnly Phi 4 measured
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index3 boards, none shared
Agentic work benchmarks for Phi 4 and Mistral Large 3 2512
BenchmarkPhi 4Mistral Large 3 2512Leader
AA Agentic IndexNot measured1.0Only Mistral Large 3 2512 measured
τ²-Bench Telecom0.0%Not measuredOnly Phi 4 measured
BALROG11.6%Not measuredOnly Phi 4 measured
Neither model has a result on the other 36 boards here
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index8 boards, none shared
Reasoning benchmarks for Phi 4 and Mistral Large 3 2512
BenchmarkPhi 4Mistral Large 3 2512Leader
GPQA DiamondNot measured68.4%Only Mistral Large 3 2512 measured
MMMU Pro (Vals AI)Not measured66.2%Only Mistral Large 3 2512 measured
GPQA Diamond (Artificial Analysis run)57.5%Not measuredOnly Phi 4 measured
Humanity's Last Exam (Artificial Analysis run)3.8%Not measuredOnly Phi 4 measured
GPQA Diamond (Epoch AI run)56.1%Not measuredOnly Phi 4 measured
LMArena Text: hard prompts1220Not measuredOnly Phi 4 measured
LMArena Text: expert1203Not measuredOnly Phi 4 measured
LMArena Text: hard prompts in English1230Not measuredOnly Phi 4 measured
Neither model has a result on the other 13 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index8 boards, none shared
Math benchmarks for Phi 4 and Mistral Large 3 2512
BenchmarkPhi 4Mistral Large 3 2512Leader
AIMENot measured42.9%Only Mistral Large 3 2512 measured
MGSM (Vals AI)Not measured85.4%Only Mistral Large 3 2512 measured
AA Math Index18.0Not measuredOnly Phi 4 measured
AIME 2025 (Artificial Analysis run)18.0%Not measuredOnly Phi 4 measured
OTIS Mock AIME13.8%Not measuredOnly Phi 4 measured
MATH level 564.9%Not measuredOnly Phi 4 measured
LMArena Text: math1246Not measuredOnly Phi 4 measured
LMArena Text: mathematical work1254Not measuredOnly Phi 4 measured
Neither model has a result on the other 5 boards here
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index13 boards, none shared
Knowledge benchmarks for Phi 4 and Mistral Large 3 2512
BenchmarkPhi 4Mistral Large 3 2512Leader
MMLU ProNot measured79.8%Only Mistral Large 3 2512 measured
LegalBench (Vals AI)Not measured79.1%Only Mistral Large 3 2512 measured
CaseLaw (Vals AI)Not measured61.4%Only Mistral Large 3 2512 measured
CorpFin (Vals AI)Not measured61.0%Only Mistral Large 3 2512 measured
TaxEval (Vals AI)Not measured73.1%Only Mistral Large 3 2512 measured
MortgageTax (Vals AI)Not measured52.1%Only Mistral Large 3 2512 measured
MedQA (Vals AI)Not measured82.2%Only Mistral Large 3 2512 measured
MMLU Pro (Artificial Analysis run)71.4%Not measuredOnly Phi 4 measured
MMLU84.8%Not measuredOnly Phi 4 measured
LMArena Text: science1206Not measuredOnly Phi 4 measured
LMArena Text: medicine and healthcare1202Not measuredOnly Phi 4 measured
LMArena Text: legal and government1241Not measuredOnly Phi 4 measured
LMArena Text: business and finance1199Not measuredOnly Phi 4 measured
Neither model has a result on the other 4 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index8 boards, none shared
Web design benchmarks for Phi 4 and Mistral Large 3 2512
BenchmarkPhi 4Mistral Large 3 2512Leader
Design Arena: websitesNot measured1162Only Mistral Large 3 2512 measured
Design Arena: UI componentsNot measured1102Only Mistral Large 3 2512 measured
Design Arena: game devNot measured1080Only Mistral Large 3 2512 measured
Design Arena: data vizNot measured1136Only Mistral Large 3 2512 measured
Design Arena: 3DNot measured1099Only Mistral Large 3 2512 measured
Design Arena: all code categoriesNot measured1142Only Mistral Large 3 2512 measured
Design Arena: SVGNot measured993Only Mistral Large 3 2512 measured
Design Arena: ASCII artNot measured1069Only Mistral Large 3 2512 measured
Neither model has a result on the other 1 board here
GeneralDirectional onlyPublic boards, shown as published, kept out of the index22 boards, none shared
General benchmarks for Phi 4 and Mistral Large 3 2512
BenchmarkPhi 4Mistral Large 3 2512Leader
SAGE (Vals AI)Not measured24.6%Only Mistral Large 3 2512 measured
IFBench23.5%Not measuredOnly Phi 4 measured
Long context reasoning (AA-LCR)0.0%Not measuredOnly Phi 4 measured
DTBenchNot measured65.1%Only Mistral Large 3 2512 measured
LMCANot measured16.7%Only Mistral Large 3 2512 measured
Creative writing (Lech Mazur)62.6%Not measuredOnly Phi 4 measured
LMArena Text1217Not measuredOnly Phi 4 measured
LMArena Text: instruction following1201Not measuredOnly Phi 4 measured
LMArena Text: creative writing1181Not measuredOnly Phi 4 measured
LMArena Text: English1231Not measuredOnly Phi 4 measured
LMArena Text: non-English1197Not measuredOnly Phi 4 measured
LMArena Text: Chinese1212Not measuredOnly Phi 4 measured
LMArena Text: German1222Not measuredOnly Phi 4 measured
LMArena Text: Japanese1158Not measuredOnly Phi 4 measured
LMArena Text: Korean1151Not measuredOnly Phi 4 measured
LMArena Text: French1224Not measuredOnly Phi 4 measured
LMArena Text: Spanish1234Not measuredOnly Phi 4 measured
LMArena Text: Russian1209Not measuredOnly Phi 4 measured
LMArena Text: multi-turn1206Not measuredOnly Phi 4 measured
LMArena Text: longer queries1217Not measuredOnly Phi 4 measured
LMArena Text: writing and language1198Not measuredOnly Phi 4 measured
LMArena Text: entertainment and media1162Not measuredOnly Phi 4 measured
Neither model has a result on the other 24 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for Phi 4 and Mistral Large 3 2512
BenchmarkPhi 4Mistral Large 3 2512Leader
Neither model has a result on 5 boards here

What each workload costs

Three fixed token mixes at each model's listed price, so per-token rates become a bill.

Chat turn

1K input + 500 output tokens

Phi 4$0.0001Fits in one request
Mistral Large 3 2512$0.0013Fits in one request

Phi 4 costs less

Repository review

50K input + 3K output tokens

Phi 4$0.0039Exceeds the context window
Mistral Large 3 2512$0.029Fits in one request

Phi 4 costs less

Agent loop

200K input + 10K output tokens

Phi 4$0.015Exceeds the context window
Mistral Large 3 2512$0.115Fits in one request

Phi 4 costs less

Listed OpenRouter rates, without cache or batch discounts. A workload that does not fit a model's context window would need splitting.

Specification differences

The leading value in a row is marked; a row with a missing value names no leader. Our two rows are marked in red.

Specifications of Phi 4 and Mistral Large 3 2512
SpecificationMicrosoft Phi 4Mistral Large 3 2512
MakerMicrosoftMistral AI
WeightsOpen weightsNo public weights listed
ReleasedJanuary 10, 2025December 1, 2025
Context window16K262K
Input $/Mtok$0.07$0.50
Output $/Mtok$0.14$1.50
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it01
Cost per solved taskNot computable$0.77
SourceOpenRouter listingOpenRouter listing

Questions

Is Phi 4 better than Mistral Large 3 2512 for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Phi 4 has the edge where output tokens cost 10.7x less, and where the benchmark that matters is AA Intelligence Index, where it leads.

Which is cheaper, Phi 4 or Mistral Large 3 2512?

Phi 4 costs $0.07 per million input tokens and $0.14 per million output tokens; Mistral Large 3 2512 costs $0.50 and $1.50. Cost per solved task is known for Mistral Large 3 2512 only.

Which has the bigger context window, Phi 4 or Mistral Large 3 2512?

Mistral Large 3 2512, with 262K tokens against 16K.

How many benchmarks is the Phi 4 vs Mistral Large 3 2512 comparison based on?

1 benchmarks have a result for both models as of October 21, 2026. Phi 4's coding index rests on 0 independent benchmarks and Mistral Large 3 2512's on 1. Where only one model has a result, the page says so instead of naming a winner.

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