Mistral Small 3.2 24B vs Nemotron 3 Ultra
Mistral Small 3.2 24B costs 8.0x less per output token than Nemotron 3 Ultra ($0.30 vs $2.40 per million). Updated October 22, 2026; 5 benchmarks have a result for both.
Mistral Small 3.2 24B or Nemotron 3 Ultra: which to pick
Only Nemotron 3 Ultra has a coding score, 30.0 on the Vibe Coding Index; Mistral Small 3.2 24B has none, so the two cannot be ranked on coding.
Pick Mistral Small 3.2 24B for output tokens 8.0x cheaper ($0.30 vs $2.40 per million).
- Shared results
- 5
- Mistral Small 3.2 24B only
- 0
- Nemotron 3 Ultra only
- 66
- 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.
Coding
Vibe Coding Index, six public coding benchmarks
No call
Only Nemotron 3 Ultra has a coding score, so no call is made.
One side not measured
Intelligence
AA Intelligence Index
No call
Only Nemotron 3 Ultra has a AA Intelligence Index result, 22.9.
Directional only
Agentic work
AA Agentic Index
No call
Only Nemotron 3 Ultra has a AA Agentic Index result, 20.1.
Directional only
Reasoning
GPQA Diamond
No call
Only Nemotron 3 Ultra has a GPQA Diamond result, 86.1%.
Directional only
Knowledge
MMLU Pro
No call
Only Nemotron 3 Ultra has a MMLU Pro result, 85.8%.
Directional only
Web design
Design Arena: websites
Nemotron 3 Ultra
Nemotron 3 Ultra leads, 1145 against 896.
Same board, both measured
Long documents
Listed context window
Nemotron 3 Ultra
Nemotron 3 Ultra takes 262K tokens against 256K.
Listed by OpenRouter
Everyday cost
1K input + 500 output tokens
Mistral Small 3.2 24B
Mistral Small 3.2 24B $0.0003, Nemotron 3 Ultra $0.0018 per turn.
List prices
At a glance
- Coding index
- Mistral Small 3.2 24B not benchmarked, Nemotron 3 Ultra 30.0 from 3 benchmarks.
- Widest category
- Web design, 29.5 points apart on average over 5 shared benchmarks.
- Widest single gap
- Design Arena: game dev: Mistral Small 3.2 24B 889 against Nemotron 3 Ultra 1138, 31.1 points apart on a 0 to 100 scale.
- Output price
- Mistral Small 3.2 24B $0.30 against Nemotron 3 Ultra $2.40 per million output tokens, 8.0x apart.
- Context window
- Mistral Small 3.2 24B takes 256K tokens, Nemotron 3 Ultra 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.
| Category | Mistral Small 3.2 24B | Bars | Nemotron 3 Ultra | Ties |
|---|---|---|---|---|
| Web design | 0 | 5 | ||
| All shared boards | 0 | 5 |
CodingDirectional onlySix of these boards feed the Vibe Coding Index13 boards, none shared
| Benchmark | Mistral Small 3.2 24B | Nemotron 3 Ultra | Leader |
|---|---|---|---|
| AA Coding Index | Not measured | 49.3 | Only Nemotron 3 Ultra measured |
| LiveCodeBench (Vals AI) | Not measured | 86.0% | Only Nemotron 3 Ultra measured |
| SWE-bench Verified (Vals AI) | Not measured | 69.0% | Only Nemotron 3 Ultra measured |
| Vibe Code Bench (Vals AI) | Not measured | 7.6% | Only Nemotron 3 Ultra measured |
| Code migration (Vals AI) | Not measured | 4.9% | Only Nemotron 3 Ultra measured |
| ProgramBench (Vals AI) | Not measured | 0.0% | Only Nemotron 3 Ultra measured |
| Terminal-Bench 2.1 (Vals AI) | Not measured | 50.9% | Only Nemotron 3 Ultra measured |
| SciCode | Not measured | 40.3% | Only Nemotron 3 Ultra measured |
| Terminal-Bench Hard (Artificial Analysis run) | Not measured | 36.4% | Only Nemotron 3 Ultra measured |
| FrontierCode | Not measured | 13.6% | Only Nemotron 3 Ultra measured |
| WeirdML | Not measured | 43.5% | Only Nemotron 3 Ultra measured |
| LMArena Text: coding | Not measured | 1468 | Only Nemotron 3 Ultra measured |
| LMArena Text: software and IT | Not measured | 1468 | Only Nemotron 3 Ultra measured |
| Neither model has a result on the other 30 boards here | |||
IntelligenceDirectional onlyPublic boards, shown as published, kept out of the index2 boards, none shared
| Benchmark | Mistral Small 3.2 24B | Nemotron 3 Ultra | Leader |
|---|---|---|---|
| AA Intelligence Index | Not measured | 22.9 | Only Nemotron 3 Ultra measured |
| Epoch Capabilities Index | Not measured | 146.0 | Only Nemotron 3 Ultra measured |
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index7 boards, none shared
| Benchmark | Mistral Small 3.2 24B | Nemotron 3 Ultra | Leader |
|---|---|---|---|
| AA Agentic Index | Not measured | 20.1 | Only Nemotron 3 Ultra measured |
| Finance Agent (Vals AI) | Not measured | 37.7% | Only Nemotron 3 Ultra measured |
| Legal Research Bench (Vals AI) | Not measured | 15.4% | Only Nemotron 3 Ultra measured |
| Excel Modeling Benchmark (Vals AI) | Not measured | 31.7% | Only Nemotron 3 Ultra measured |
| τ²-Bench Telecom | Not measured | 83.3% | Only Nemotron 3 Ultra measured |
| APEX-Agents | Not measured | 22.7% | Only Nemotron 3 Ultra measured |
| MCP Atlas | Not measured | 63.1% | Only Nemotron 3 Ultra measured |
| Neither model has a result on the other 35 boards here | |||
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index8 boards, none shared
| Benchmark | Mistral Small 3.2 24B | Nemotron 3 Ultra | Leader |
|---|---|---|---|
| GPQA Diamond | Not measured | 86.1% | Only Nemotron 3 Ultra measured |
| GPQA Diamond (Artificial Analysis run) | Not measured | 86.7% | Only Nemotron 3 Ultra measured |
| Humanity's Last Exam (Artificial Analysis run) | Not measured | 28.4% | Only Nemotron 3 Ultra measured |
| GPQA Diamond (Epoch AI run) | Not measured | 85.4% | Only Nemotron 3 Ultra measured |
| Mystery game puzzles | Not measured | 20.0% | Only Nemotron 3 Ultra measured |
| LMArena Text: hard prompts | Not measured | 1452 | Only Nemotron 3 Ultra measured |
| LMArena Text: expert | Not measured | 1472 | Only Nemotron 3 Ultra measured |
| LMArena Text: hard prompts in English | Not measured | 1453 | Only Nemotron 3 Ultra measured |
| Neither model has a result on the other 15 boards here | |||
MathDirectional onlyPublic boards, shown as published, kept out of the index4 boards, none shared
| Benchmark | Mistral Small 3.2 24B | Nemotron 3 Ultra | Leader |
|---|---|---|---|
| OTIS Mock AIME | Not measured | 86.7% | Only Nemotron 3 Ultra measured |
| ProofBench | Not measured | 2.0% | Only Nemotron 3 Ultra measured |
| LMArena Text: math | Not measured | 1457 | Only Nemotron 3 Ultra measured |
| LMArena Text: mathematical work | Not measured | 1461 | Only Nemotron 3 Ultra measured |
| Neither model has a result on the other 10 boards here | |||
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index9 boards, none shared
| Benchmark | Mistral Small 3.2 24B | Nemotron 3 Ultra | Leader |
|---|---|---|---|
| MMLU Pro | Not measured | 85.8% | Only Nemotron 3 Ultra measured |
| LegalBench (Vals AI) | Not measured | 82.1% | Only Nemotron 3 Ultra measured |
| CorpFin (Vals AI) | Not measured | 65.5% | Only Nemotron 3 Ultra measured |
| TaxEval (Vals AI) | Not measured | 73.1% | Only Nemotron 3 Ultra measured |
| MedCode (Vals AI) | Not measured | 38.6% | Only Nemotron 3 Ultra measured |
| LMArena Text: science | Not measured | 1465 | Only Nemotron 3 Ultra measured |
| LMArena Text: medicine and healthcare | Not measured | 1456 | Only Nemotron 3 Ultra measured |
| LMArena Text: legal and government | Not measured | 1452 | Only Nemotron 3 Ultra measured |
| LMArena Text: business and finance | Not measured | 1434 | Only Nemotron 3 Ultra measured |
| Neither model has a result on the other 11 boards here | |||
Web designLike-for-likePublic boards, shown as published, kept out of the index05
| Benchmark | Mistral Small 3.2 24B | Nemotron 3 Ultra | Leader |
|---|---|---|---|
| Design Arena: websites | 896 | 1145 | Nemotron 3 Ultra |
| Design Arena: UI components | 904 | 1135 | Nemotron 3 Ultra |
| Design Arena: game dev | 889 | 1138 | Nemotron 3 Ultra |
| Design Arena: data viz | 929 | 1141 | Nemotron 3 Ultra |
| Design Arena: 3D | Not measured | 1131 | Only Nemotron 3 Ultra measured |
| Design Arena: all code categories | 907 | 1146 | Nemotron 3 Ultra |
| Design Arena: SVG | Not measured | 1069 | Only Nemotron 3 Ultra measured |
| Design Arena: ASCII art | Not measured | 1100 | Only Nemotron 3 Ultra measured |
| Neither model has a result on the other 1 board here | |||
GeneralDirectional onlyPublic boards, shown as published, kept out of the index20 boards, none shared
| Benchmark | Mistral Small 3.2 24B | Nemotron 3 Ultra | Leader |
|---|---|---|---|
| IFBench | Not measured | 81.4% | Only Nemotron 3 Ultra measured |
| Long context reasoning (AA-LCR) | Not measured | 79.3% | Only Nemotron 3 Ultra measured |
| DTBench | Not measured | 90.1% | Only Nemotron 3 Ultra measured |
| LMCA | Not measured | 36.9% | Only Nemotron 3 Ultra measured |
| LMArena Text | Not measured | 1445 | Only Nemotron 3 Ultra measured |
| LMArena Text: instruction following | Not measured | 1418 | Only Nemotron 3 Ultra measured |
| LMArena Text: creative writing | Not measured | 1399 | Only Nemotron 3 Ultra measured |
| LMArena Text: English | Not measured | 1455 | Only Nemotron 3 Ultra measured |
| LMArena Text: non-English | Not measured | 1427 | Only Nemotron 3 Ultra measured |
| LMArena Text: Chinese | Not measured | 1497 | Only Nemotron 3 Ultra measured |
| LMArena Text: German | Not measured | 1472 | Only Nemotron 3 Ultra measured |
| LMArena Text: Korean | Not measured | 1384 | Only Nemotron 3 Ultra measured |
| LMArena Text: French | Not measured | 1472 | Only Nemotron 3 Ultra measured |
| LMArena Text: Spanish | Not measured | 1455 | Only Nemotron 3 Ultra measured |
| LMArena Text: Russian | Not measured | 1417 | Only Nemotron 3 Ultra measured |
| LMArena Text: Polish | Not measured | 1385 | Only Nemotron 3 Ultra measured |
| LMArena Text: multi-turn | Not measured | 1411 | Only Nemotron 3 Ultra measured |
| LMArena Text: longer queries | Not measured | 1437 | Only Nemotron 3 Ultra measured |
| LMArena Text: writing and language | Not measured | 1406 | Only Nemotron 3 Ultra measured |
| LMArena Text: entertainment and media | Not measured | 1397 | Only Nemotron 3 Ultra measured |
| Neither model has a result on the other 28 boards here | |||
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
| Benchmark | Mistral Small 3.2 24B | Nemotron 3 Ultra | Leader |
|---|---|---|---|
| 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 Small 3.2 24B costs less
Repository review
50K input + 3K output tokens
Mistral Small 3.2 24B costs less
Agent loop
200K input + 10K output tokens
Mistral Small 3.2 24B 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.
| Specification | Mistral Small 3.2 24B | NVIDIA Nemotron 3 Ultra |
|---|---|---|
| Maker | Mistral AI | NVIDIA |
| Weights | Open weights | Open weights |
| Released | June 20, 2025 | June 4, 2026 |
| Context window | 256K | 262K |
| Input $/Mtok | $0.10 | $0.60 |
| Output $/Mtok | $0.30 | $2.40 |
| Coding index | Not benchmarked | 30.0 |
| Independent measurements behind it | 0 | 3 |
| Cost per solved task | Not computable | Not computable |
| Source | OpenRouter listing | OpenRouter listing |
Questions
Is Mistral Small 3.2 24B better than Nemotron 3 Ultra for coding?
Only Nemotron 3 Ultra has a coding score, 30.0 on the Vibe Coding Index; Mistral Small 3.2 24B has none, so the two cannot be ranked on coding. Pick Mistral Small 3.2 24B for output tokens 8.0x cheaper ($0.30 vs $2.40 per million).
Which is cheaper, Mistral Small 3.2 24B or Nemotron 3 Ultra?
Mistral Small 3.2 24B costs $0.10 per million input tokens and $0.30 per million output tokens; Nemotron 3 Ultra costs $0.60 and $2.40. Cost per solved task is known for neither of them.
Which has the bigger context window, Mistral Small 3.2 24B or Nemotron 3 Ultra?
Nemotron 3 Ultra, with 262K tokens against 256K.
How many benchmarks is the Mistral Small 3.2 24B vs Nemotron 3 Ultra comparison based on?
5 benchmarks have a result for both models as of October 22, 2026. Mistral Small 3.2 24B's coding index rests on 0 independent benchmarks and Nemotron 3 Ultra's on 3. Where only one model has a result, the page says so instead of naming a winner.