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Mistral Large 3 2512 vs o4 Mini High

Mistral Large 3 2512 costs 2.9x less per output token than o4 Mini High ($1.50 vs $4.40 per million). Updated October 21, 2026; 1 benchmarks have a result for both.

Mistral Large 3 2512Mistral AI
Coding
No data
Overall
No data
Output $/M
$1.50
0
o4 Mini HighOpenAI
Coding
No data
Overall
No data
Output $/M
$4.40
1
vs boards won of 1 shared

Mistral Large 3 2512 or o4 Mini High: which to pick

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

Pick Mistral Large 3 2512 for output tokens 2.9x cheaper ($1.50 vs $4.40 per million) and a larger context window (262K against 200K tokens).

Shared results
1
Mistral Large 3 2512 only
27
o4 Mini High only
1
Like-for-like categories
1 of 9

Only benchmarks that tested both models count toward a pick; a result only one model has is shown but not compared.

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
Mistral Large 3 2512 not benchmarked, o4 Mini High not benchmarked.
Widest category
Coding, 18.7 points apart on average over 1 shared benchmark.
Widest single gap
ALE-Bench: Mistral Large 3 2512 264.7 against o4 Mini High 826.2, 18.7 points apart on a 0 to 100 scale.
Output price
Mistral Large 3 2512 $1.50 against o4 Mini High $4.40 per million output tokens, 2.9x apart.
Context window
Mistral Large 3 2512 takes 262K tokens, o4 Mini High 200K.

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
CategoryMistral Large 3 2512Barso4 Mini HighTies
Coding01
All shared boards01
CodingLike-for-likeSix of these boards feed the Vibe Coding Index01
Coding benchmarks for Mistral Large 3 2512 and o4 Mini High
BenchmarkMistral Large 3 2512o4 Mini HighLeader
AA Coding Index20.1Not measuredOnly Mistral Large 3 2512 measured
LiveCodeBench (Vals AI)55.3%Not measuredOnly Mistral Large 3 2512 measured
SWE-bench Verified (Vals AI)41.4%Not measuredOnly Mistral Large 3 2512 measured
ALE-Bench264.7826.2o4 Mini High
Neither model has a result on the other 35 boards here
IntelligenceDirectional onlyPublic boards, shown as published, kept out of the index1 board, none shared
Intelligence benchmarks for Mistral Large 3 2512 and o4 Mini High
BenchmarkMistral Large 3 2512o4 Mini HighLeader
AA Intelligence Index9.3Not measuredOnly Mistral Large 3 2512 measured
Neither model has a result on the other 1 board here
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index2 boards, none shared
Agentic work benchmarks for Mistral Large 3 2512 and o4 Mini High
BenchmarkMistral Large 3 2512o4 Mini HighLeader
AA Agentic Index1.0Not measuredOnly Mistral Large 3 2512 measured
GDPvalNot measured25.3%Only o4 Mini High measured
Neither model has a result on the other 39 boards here
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index2 boards, none shared
Reasoning benchmarks for Mistral Large 3 2512 and o4 Mini High
BenchmarkMistral Large 3 2512o4 Mini HighLeader
GPQA Diamond68.4%Not measuredOnly Mistral Large 3 2512 measured
MMMU Pro (Vals AI)66.2%Not measuredOnly Mistral Large 3 2512 measured
Neither model has a result on the other 20 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index2 boards, none shared
Math benchmarks for Mistral Large 3 2512 and o4 Mini High
BenchmarkMistral Large 3 2512o4 Mini HighLeader
AIME42.9%Not measuredOnly Mistral Large 3 2512 measured
MGSM (Vals AI)85.4%Not measuredOnly Mistral Large 3 2512 measured
Neither model has a result on the other 11 boards here
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index7 boards, none shared
Knowledge benchmarks for Mistral Large 3 2512 and o4 Mini High
BenchmarkMistral Large 3 2512o4 Mini HighLeader
MMLU Pro79.8%Not measuredOnly Mistral Large 3 2512 measured
LegalBench (Vals AI)79.1%Not measuredOnly Mistral Large 3 2512 measured
CaseLaw (Vals AI)61.4%Not measuredOnly Mistral Large 3 2512 measured
CorpFin (Vals AI)61.0%Not measuredOnly Mistral Large 3 2512 measured
TaxEval (Vals AI)73.1%Not measuredOnly Mistral Large 3 2512 measured
MortgageTax (Vals AI)52.1%Not measuredOnly Mistral Large 3 2512 measured
MedQA (Vals AI)82.2%Not measuredOnly Mistral Large 3 2512 measured
Neither model has a result on the other 11 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index8 boards, none shared
Web design benchmarks for Mistral Large 3 2512 and o4 Mini High
BenchmarkMistral Large 3 2512o4 Mini HighLeader
Design Arena: websites1162Not measuredOnly Mistral Large 3 2512 measured
Design Arena: UI components1102Not measuredOnly Mistral Large 3 2512 measured
Design Arena: game dev1080Not measuredOnly Mistral Large 3 2512 measured
Design Arena: data viz1136Not measuredOnly Mistral Large 3 2512 measured
Design Arena: 3D1100Not measuredOnly Mistral Large 3 2512 measured
Design Arena: all code categories1142Not measuredOnly Mistral Large 3 2512 measured
Design Arena: SVG993Not measuredOnly Mistral Large 3 2512 measured
Design Arena: ASCII art1069Not measuredOnly 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 index3 boards, none shared
General benchmarks for Mistral Large 3 2512 and o4 Mini High
BenchmarkMistral Large 3 2512o4 Mini HighLeader
SAGE (Vals AI)24.6%Not measuredOnly Mistral Large 3 2512 measured
DTBench65.1%Not measuredOnly Mistral Large 3 2512 measured
LMCA16.7%Not measuredOnly Mistral Large 3 2512 measured
Neither model has a result on the other 43 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for Mistral Large 3 2512 and o4 Mini High
BenchmarkMistral Large 3 2512o4 Mini HighLeader
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

Mistral Large 3 2512$0.0013Fits in one request
o4 Mini High$0.0033Fits in one request

Mistral Large 3 2512 costs less

Repository review

50K input + 3K output tokens

Mistral Large 3 2512$0.029Fits in one request
o4 Mini High$0.068Fits in one request

Mistral Large 3 2512 costs less

Agent loop

200K input + 10K output tokens

Mistral Large 3 2512$0.115Fits in one request
o4 Mini High$0.264Exceeds the context window

Mistral Large 3 2512 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 Mistral Large 3 2512 and o4 Mini High
SpecificationMistral Large 3 2512OpenAI o4 Mini High
MakerMistral AIOpenAI
WeightsNo public weights listedNo public weights listed
ReleasedDecember 1, 2025April 16, 2025
Context window262K200K
Input $/Mtok$0.50$1.10
Output $/Mtok$1.50$4.40
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it10
Cost per solved task$0.77Not computable
SourceOpenRouter listingOpenRouter listing

Questions

Is Mistral Large 3 2512 better than o4 Mini High for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Pick Mistral Large 3 2512 for output tokens 2.9x cheaper ($1.50 vs $4.40 per million) and a larger context window (262K against 200K tokens).

Which is cheaper, Mistral Large 3 2512 or o4 Mini High?

Mistral Large 3 2512 costs $0.50 per million input tokens and $1.50 per million output tokens; o4 Mini High costs $1.10 and $4.40. Cost per solved task is known for Mistral Large 3 2512 only.

Which has the bigger context window, Mistral Large 3 2512 or o4 Mini High?

Mistral Large 3 2512, with 262K tokens against 200K.

How many benchmarks is the Mistral Large 3 2512 vs o4 Mini High comparison based on?

1 benchmarks have a result for both models as of October 21, 2026. Mistral Large 3 2512's coding index rests on 1 independent benchmark and o4 Mini High's on 0. Where only one model has a result, the page says so instead of naming a winner.

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