Compare/Mistral Medium 3.5 vs o3

Mistral Medium 3.5vso3

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

Mistral

Mistral Medium 3.5

Input
$1.5/M
Output
$7.5/M
Speed
163 tok/s
TTFT
0.53s
OpenAI

o3

Input
$2/M
Output
$8/M
Speed
74 tok/s
TTFT
8.58s

Winner by Category

Cheaper
Mistral Medium 3.5
Faster (tok/s)
Mistral Medium 3.5
Lower Latency
Mistral Medium 3.5
Benchmarks (1-11)
o3

Pricing Comparison

MetricMistral Medium 3.5o3
Input ($/M tokens)$1.5$2
Output ($/M tokens)$7.5$8
Cost for 1M input + 100K output tokens:
Mistral Medium 3.5$2.25
o3$2.80

Speed Comparison

Output Speed (tokens/s) — higher is better
Mistral Medium 3.5
163 tok/s
o3
74 tok/s
Time to First Token (seconds) — lower is better
Mistral Medium 3.5
0.53s
o3
8.58s

Benchmark Comparison

Data from Artificial Analysis API — 12 benchmarks

Intelligence Index
39.238.4
Coding Index
35.438.4
Math Index
88.3
GPQA Diamond
74.8%82.7%
MMLU-Pro
85.3%
LiveCodeBench
80.8%
AIME 2025
88.3%
MATH-500
99.2%
Humanity's Last Exam
12.8%20.0%
SciCode
39.6%41.0%
IFBench
68.8%71.4%
TerminalBench
33.3%37.1%
Mistral Medium 3.51 wins
11 winso3

Frequently Asked Questions

Which is cheaper, Mistral Medium 3.5 or o3?

Mistral Medium 3.5 is cheaper overall. Its blended price (3:1 input/output ratio) is $3.00/M tokens vs $3.50/M for o3.

Which model performs better on benchmarks?

o3 wins 11 out of 12 benchmarks compared to 1 for Mistral Medium 3.5. See the detailed benchmark chart above for per-category results.

Which is faster for real-time applications?

Mistral Medium 3.5 generates tokens faster at 163 tok/s vs 74 tok/s. Mistral Medium 3.5 also has lower time-to-first-token (0.53s vs 8.58s).

When should I use Mistral Medium 3.5 vs o3?

Choose based on your priorities: Mistral Medium 3.5 for lower cost, o3 for stronger benchmark performance, and Mistral Medium 3.5 for faster generation. For latency-sensitive apps, check the TTFT comparison above.