Mistral Small 3.2 24B vs o3
Mistral Small 3.2 24B costs 26.7x less per output token than o3 ($0.30 vs $8.00 per million). Updated October 21, 2026; 5 benchmarks have a result for both.
Mistral Small 3.2 24B or o3: which to pick
Neither model has a coding score yet, so the two cannot be ranked on coding.
Pick Mistral Small 3.2 24B for output tokens 26.7x cheaper ($0.30 vs $8.00 per million) and a larger context window (256K against 200K tokens).
- Shared results
- 5
- Mistral Small 3.2 24B only
- 0
- o3 only
- 92
- 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
Neither has a coding score yet.
One side not measured
Intelligence
AA Intelligence Index
No call
Only o3 has a AA Intelligence Index result, 20.2.
Directional only
Reasoning
GPQA Diamond
No call
Only o3 has a GPQA Diamond result, 84.1%.
Directional only
Math
AIME
No call
Only o3 has a AIME result, 85.3%.
Directional only
Knowledge
MMLU Pro
No call
Only o3 has a MMLU Pro result, 85.6%.
Directional only
Web design
Design Arena: websites
o3
o3 leads, 1036 against 896.
Same board, both measured
Long documents
Listed context window
Mistral Small 3.2 24B
Mistral Small 3.2 24B takes 256K tokens against 200K.
Listed by OpenRouter
Everyday cost
1K input + 500 output tokens
Mistral Small 3.2 24B
Mistral Small 3.2 24B $0.0003, o3 $0.0060 per turn.
List prices
Cost per solved task
One SWE-bench Verified task, solved
No call
Only o3 has the number, $0.571.
Directional only
At a glance
- Coding index
- Mistral Small 3.2 24B not benchmarked, o3 not benchmarked.
- Widest category
- Web design, 19.5 points apart on average over 5 shared benchmarks.
- Widest single gap
- Design Arena: data viz: Mistral Small 3.2 24B 929 against o3 1200, 33.9 points apart on a 0 to 100 scale.
- Output price
- Mistral Small 3.2 24B $0.30 against o3 $8.00 per million output tokens, 26.7x apart.
- Context window
- Mistral Small 3.2 24B takes 256K tokens, o3 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.
| Category | Mistral Small 3.2 24B | Bars | o3 | Ties |
|---|---|---|---|---|
| Web design | 0 | 5 | ||
| All shared boards | 0 | 5 |
CodingDirectional onlySix of these boards feed the Vibe Coding Index11 boards, none shared
| Benchmark | Mistral Small 3.2 24B | o3 | Leader |
|---|---|---|---|
| Aider polyglot | Not measured | 81.3% | Only o3 measured |
| SWE-bench Verified | Not measured | 58.4% | Only o3 measured |
| SWE-bench Multimodal | Not measured | 36.0% | Only o3 measured |
| LiveCodeBench (Vals AI) | Not measured | 83.9% | Only o3 measured |
| LiveCodeBench (Artificial Analysis run) | Not measured | 80.8% | Only o3 measured |
| Terminal-Bench Hard (Artificial Analysis run) | Not measured | 37.1% | Only o3 measured |
| GSO-Bench | Not measured | 8.8% | Only o3 measured |
| WeirdML | Not measured | 52.4% | Only o3 measured |
| ALE-Bench | Not measured | 933.5 | Only o3 measured |
| LMArena Text: coding | Not measured | 1407 | Only o3 measured |
| LMArena Text: software and IT | Not measured | 1415 | Only o3 measured |
| Neither model has a result on the other 27 boards here | |||
IntelligenceDirectional onlyPublic boards, shown as published, kept out of the index2 boards, none shared
| Benchmark | Mistral Small 3.2 24B | o3 | Leader |
|---|---|---|---|
| AA Intelligence Index | Not measured | 20.2 | Only o3 measured |
| Epoch Capabilities Index | Not measured | 146.7 | Only o3 measured |
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index5 boards, none shared
| Benchmark | Mistral Small 3.2 24B | o3 | Leader |
|---|---|---|---|
| τ²-Bench Telecom | Not measured | 80.7% | Only o3 measured |
| METR time horizons | Not measured | 65.4% | Only o3 measured |
| GDPval | Not measured | 30.8% | Only o3 measured |
| DeepResearch Bench | Not measured | 45.2% | Only o3 measured |
| OSWorld | Not measured | 23.0% | Only o3 measured |
| Neither model has a result on the other 34 boards here | |||
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index16 boards, none shared
| Benchmark | Mistral Small 3.2 24B | o3 | Leader |
|---|---|---|---|
| GPQA Diamond | Not measured | 84.1% | Only o3 measured |
| MMMU Pro (Vals AI) | Not measured | 80.4% | Only o3 measured |
| GPQA Diamond (Artificial Analysis run) | Not measured | 82.7% | Only o3 measured |
| Humanity's Last Exam (Artificial Analysis run) | Not measured | 20.1% | Only o3 measured |
| GPQA Diamond (Epoch AI run) | Not measured | 81.8% | Only o3 measured |
| ARC-AGI | Not measured | 60.8% | Only o3 measured |
| ARC-AGI-2 | Not measured | 6.5% | Only o3 measured |
| SimpleBench | Not measured | 53.1% | Only o3 measured |
| Chess puzzles | Not measured | 37.0% | Only o3 measured |
| Mystery game puzzles | Not measured | 29.0% | Only o3 measured |
| VPCT | Not measured | 52.0% | Only o3 measured |
| LMArena Text: hard prompts | Not measured | 1402 | Only o3 measured |
| LMArena Text: expert | Not measured | 1402 | Only o3 measured |
| LMArena Text: hard prompts in English | Not measured | 1411 | Only o3 measured |
| LMArena Vision: diagrams | Not measured | 1220 | Only o3 measured |
| LMArena Vision: homework | Not measured | 1234 | Only o3 measured |
| Neither model has a result on the other 5 boards here | |||
MathDirectional onlyPublic boards, shown as published, kept out of the index10 boards, none shared
| Benchmark | Mistral Small 3.2 24B | o3 | Leader |
|---|---|---|---|
| AIME | Not measured | 85.3% | Only o3 measured |
| MATH 500 (Vals AI) | Not measured | 94.6% | Only o3 measured |
| MGSM (Vals AI) | Not measured | 91.8% | Only o3 measured |
| AA Math Index | Not measured | 88.3 | Only o3 measured |
| AIME 2025 (Artificial Analysis run) | Not measured | 88.3% | Only o3 measured |
| OTIS Mock AIME | Not measured | 84.4% | Only o3 measured |
| FrontierMath, tiers 1 to 3 | Not measured | 33.3% | Only o3 measured |
| MATH level 5 | Not measured | 97.8% | Only o3 measured |
| LMArena Text: math | Not measured | 1426 | Only o3 measured |
| LMArena Text: mathematical work | Not measured | 1423 | Only o3 measured |
| Neither model has a result on the other 3 boards here | |||
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index14 boards, none shared
| Benchmark | Mistral Small 3.2 24B | o3 | Leader |
|---|---|---|---|
| MMLU Pro | Not measured | 85.6% | Only o3 measured |
| LegalBench (Vals AI) | Not measured | 83.8% | Only o3 measured |
| CorpFin (Vals AI) | Not measured | 59.7% | Only o3 measured |
| TaxEval (Vals AI) | Not measured | 74.6% | Only o3 measured |
| MortgageTax (Vals AI) | Not measured | 65.7% | Only o3 measured |
| MedQA (Vals AI) | Not measured | 96.1% | Only o3 measured |
| MedCode (Vals AI) | Not measured | 47.3% | Only o3 measured |
| MMLU Pro (Artificial Analysis run) | Not measured | 85.3% | Only o3 measured |
| SimpleQA Verified | Not measured | 49.4% | Only o3 measured |
| GeoBench | Not measured | 74.0% | Only o3 measured |
| LMArena Text: science | Not measured | 1429 | Only o3 measured |
| LMArena Text: medicine and healthcare | Not measured | 1448 | Only o3 measured |
| LMArena Text: legal and government | Not measured | 1428 | Only o3 measured |
| LMArena Text: business and finance | Not measured | 1393 | Only o3 measured |
| Neither model has a result on the other 3 boards here | |||
Web designLike-for-likePublic boards, shown as published, kept out of the index05
| Benchmark | Mistral Small 3.2 24B | o3 | Leader |
|---|---|---|---|
| Design Arena: websites | 896 | 1036 | o3 |
| Design Arena: UI components | 907 | 1017 | o3 |
| Design Arena: game dev | 888 | 1034 | o3 |
| Design Arena: data viz | 929 | 1200 | o3 |
| Design Arena: all code categories | 907 | 1020 | o3 |
| Neither model has a result on the other 4 boards here | |||
GeneralDirectional onlyPublic boards, shown as published, kept out of the index34 boards, none shared
| Benchmark | Mistral Small 3.2 24B | o3 | Leader |
|---|---|---|---|
| SAGE (Vals AI) | Not measured | 41.8% | Only o3 measured |
| MedScribe (Vals AI) | Not measured | 76.7% | Only o3 measured |
| IFBench | Not measured | 71.4% | Only o3 measured |
| Long context reasoning (AA-LCR) | Not measured | 74.7% | Only o3 measured |
| DTBench | Not measured | 84.8% | Only o3 measured |
| LMCA | Not measured | 39.7% | Only o3 measured |
| Fiction.LiveBench | Not measured | 88.9% | Only o3 measured |
| Creative writing (Lech Mazur) | Not measured | 83.9% | Only o3 measured |
| CL-bench | Not measured | 17.8% | Only o3 measured |
| LMArena Text | Not measured | 1410 | Only o3 measured |
| LMArena Text: instruction following | Not measured | 1368 | Only o3 measured |
| LMArena Text: creative writing | Not measured | 1359 | Only o3 measured |
| LMArena Vision | Not measured | 1214 | Only o3 measured |
| LMArena Text: English | Not measured | 1417 | Only o3 measured |
| LMArena Text: non-English | Not measured | 1401 | Only o3 measured |
| LMArena Text: Chinese | Not measured | 1437 | Only o3 measured |
| LMArena Text: German | Not measured | 1420 | Only o3 measured |
| LMArena Text: Japanese | Not measured | 1403 | Only o3 measured |
| LMArena Text: Korean | Not measured | 1370 | Only o3 measured |
| LMArena Text: French | Not measured | 1430 | Only o3 measured |
| LMArena Text: Spanish | Not measured | 1395 | Only o3 measured |
| LMArena Text: Russian | Not measured | 1406 | Only o3 measured |
| LMArena Text: Polish | Not measured | 1438 | Only o3 measured |
| LMArena Text: multi-turn | Not measured | 1405 | Only o3 measured |
| LMArena Text: longer queries | Not measured | 1372 | Only o3 measured |
| LMArena Text: writing and language | Not measured | 1372 | Only o3 measured |
| LMArena Text: entertainment and media | Not measured | 1373 | Only o3 measured |
| LMArena Vision: English | Not measured | 1221 | Only o3 measured |
| LMArena Vision: Chinese | Not measured | 1237 | Only o3 measured |
| LMArena Vision: reading text | Not measured | 1218 | Only o3 measured |
| LMArena Vision: humor | Not measured | 1222 | Only o3 measured |
| LMArena Vision: captioning | Not measured | 1210 | Only o3 measured |
| LMArena Vision: recognizing things | Not measured | 1234 | Only o3 measured |
| LMArena Vision: creative writing | Not measured | 1201 | Only o3 measured |
| Neither model has a result on the other 12 boards here | |||
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
| Benchmark | Mistral Small 3.2 24B | o3 | 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 | OpenAI o3 |
|---|---|---|
| Maker | Mistral AI | OpenAI |
| Weights | Open weights | No public weights listed |
| Released | June 20, 2025 | April 16, 2025 |
| Context window | 256K | 200K |
| Input $/Mtok | $0.10 | $2.00 |
| Output $/Mtok | $0.30 | $8.00 |
| Coding index | Not benchmarked | Not benchmarked |
| Independent measurements behind it | 0 | 0 |
| Cost per solved task | Not computable | $0.571 |
| Source | OpenRouter listing | OpenRouter listing |
Questions
Is Mistral Small 3.2 24B better than o3 for coding?
Neither model has a coding score yet, so the two cannot be ranked on coding. Pick Mistral Small 3.2 24B for output tokens 26.7x cheaper ($0.30 vs $8.00 per million) and a larger context window (256K against 200K tokens).
Which is cheaper, Mistral Small 3.2 24B or o3?
Mistral Small 3.2 24B costs $0.10 per million input tokens and $0.30 per million output tokens; o3 costs $2.00 and $8.00. Cost per solved task is known for o3 only.
Which has the bigger context window, Mistral Small 3.2 24B or o3?
Mistral Small 3.2 24B, with 256K tokens against 200K.
How many benchmarks is the Mistral Small 3.2 24B vs o3 comparison based on?
5 benchmarks have a result for both models as of October 21, 2026. Mistral Small 3.2 24B's coding index rests on 0 independent benchmarks and o3's on 0. Where only one model has a result, the page says so instead of naming a winner.