Compare/Granite 4.0 H Small vs Mistral Small 3.2

Granite 4.0 H SmallvsMistral Small 3.2

Side-by-side comparison of pricing, 12 benchmarks, and generation speed.

IBM

Granite 4.0 H Small

Input
$0.06/M
Output
$0.25/M
Speed
265 tok/s
TTFT
8.78s
Mistral

Mistral Small 3.2

Input
$0.087/M
Output
$0.25/M
Speed
121 tok/s
TTFT
0.43s

Winner by Category

Cheaper
Granite 4.0 H Small
Faster (tok/s)
Granite 4.0 H Small
Lower Latency
Mistral Small 3.2
Benchmarks (0-12)
Mistral Small 3.2

Pricing Comparison

MetricGranite 4.0 H SmallMistral Small 3.2
Input ($/M tokens)$0.06$0.087
Output ($/M tokens)$0.25$0.25
Cost for 1M input + 100K output tokens:
Granite 4.0 H Small$0.08
Mistral Small 3.2$0.11

Speed Comparison

Output Speed (tokens/s) — higher is better
Granite 4.0 H Small
265 tok/s
Mistral Small 3.2
121 tok/s
Time to First Token (seconds) — lower is better
Granite 4.0 H Small
8.78s
Mistral Small 3.2
0.43s

Benchmark Comparison

Data from Artificial Analysis API — 12 benchmarks

Intelligence Index
10.815.1
Coding Index
8.513.3
Math Index
13.727.0
GPQA Diamond
41.6%50.5%
MMLU-Pro
62.4%68.1%
LiveCodeBench
25.1%27.5%
AIME 2025
13.7%27.0%
MATH-500
88.3%
Humanity's Last Exam
3.7%4.3%
SciCode
20.9%26.4%
IFBench
31.5%33.5%
TerminalBench
2.3%6.8%
Granite 4.0 H Small0 wins
12 winsMistral Small 3.2

Frequently Asked Questions

Which is cheaper, Granite 4.0 H Small or Mistral Small 3.2?

Granite 4.0 H Small is cheaper overall. Its blended price (3:1 input/output ratio) is $0.11/M tokens vs $0.13/M for Mistral Small 3.2.

Which model performs better on benchmarks?

Mistral Small 3.2 wins 12 out of 12 benchmarks compared to 0 for Granite 4.0 H Small. See the detailed benchmark chart above for per-category results.

Which is faster for real-time applications?

Granite 4.0 H Small generates tokens faster at 265 tok/s vs 121 tok/s. However, Mistral Small 3.2 has lower time-to-first-token (0.43s vs 8.78s).

When should I use Granite 4.0 H Small vs Mistral Small 3.2?

Choose based on your priorities: Granite 4.0 H Small for lower cost, Mistral Small 3.2 for stronger benchmark performance, and Granite 4.0 H Small for faster generation. For latency-sensitive apps, check the TTFT comparison above.