Side-by-side comparison of pricing, 12 benchmarks, and generation speed.
| Metric | Qwen3 32B (Non-reasoning) | Mistral Small 4 (Reasoning) |
|---|---|---|
| Input ($/M tokens) | $0.15 | $0.15 |
| Output ($/M tokens) | $0.59 | $0.6 |
Data from Artificial Analysis API — 12 benchmarks
Qwen3 32B (Non-reasoning) is cheaper overall. Its blended price (3:1 input/output ratio) is $0.26/M tokens vs $0.26/M for Mistral Small 4 (Reasoning).
Mistral Small 4 (Reasoning) wins 7 out of 12 benchmarks compared to 5 for Qwen3 32B (Non-reasoning). See the detailed benchmark chart above for per-category results.
Mistral Small 4 (Reasoning) generates tokens faster at 163 tok/s vs 103 tok/s. However, Mistral Small 4 (Reasoning) has lower time-to-first-token (0.57s vs 1.09s).
Choose based on your priorities: Qwen3 32B (Non-reasoning) for lower cost, Mistral Small 4 (Reasoning) for stronger benchmark performance, and Mistral Small 4 (Reasoning) for faster generation. For latency-sensitive apps, check the TTFT comparison above.