Compare/Ring-flash-2.0 vs Mistral Small 4 (Reasoning)

Ring-flash-2.0vsMistral Small 4 (Reasoning)

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

InclusionAI

Ring-flash-2.0

Input
$0.14/M
Output
$0.57/M
Speed
92 tok/s
TTFT
1.46s
Mistral

Mistral Small 4 (Reasoning)

Input
$0.15/M
Output
$0.6/M
Speed
162 tok/s
TTFT
0.59s

Winner by Category

Cheaper
Ring-flash-2.0
Faster (tok/s)
Mistral Small 4 (Reasoning)
Lower Latency
Mistral Small 4 (Reasoning)
Benchmarks (4-7)
Mistral Small 4 (Reasoning)

Pricing Comparison

MetricRing-flash-2.0Mistral Small 4 (Reasoning)
Input ($/M tokens)$0.14$0.15
Output ($/M tokens)$0.57$0.6
Cost for 1M input + 100K output tokens:
Ring-flash-2.0$0.20
Mistral Small 4 (Reasoning)$0.21

Speed Comparison

Output Speed (tokens/s) — higher is better
Ring-flash-2.0
92 tok/s
Mistral Small 4 (Reasoning)
162 tok/s
Time to First Token (seconds) — lower is better
Ring-flash-2.0
1.46s
Mistral Small 4 (Reasoning)
0.59s

Benchmark Comparison

Data from Artificial Analysis API — 12 benchmarks

Intelligence Index
14.027.2
Coding Index
10.624.3
Math Index
83.7
GPQA Diamond
72.5%76.9%
MMLU-Pro
79.3%
LiveCodeBench
62.8%
AIME 2025
83.7%
MATH-500
Humanity's Last Exam
8.9%9.5%
SciCode
16.8%38.0%
IFBench
43.3%48.2%
TerminalBench
7.6%17.4%
Ring-flash-2.04 wins
7 winsMistral Small 4 (Reasoning)

Frequently Asked Questions

Which is cheaper, Ring-flash-2.0 or Mistral Small 4 (Reasoning)?

Ring-flash-2.0 is cheaper overall. Its blended price (3:1 input/output ratio) is $0.25/M tokens vs $0.26/M for Mistral Small 4 (Reasoning).

Which model performs better on benchmarks?

Mistral Small 4 (Reasoning) wins 7 out of 12 benchmarks compared to 4 for Ring-flash-2.0. See the detailed benchmark chart above for per-category results.

Which is faster for real-time applications?

Mistral Small 4 (Reasoning) generates tokens faster at 162 tok/s vs 92 tok/s. However, Mistral Small 4 (Reasoning) has lower time-to-first-token (0.59s vs 1.46s).

When should I use Ring-flash-2.0 vs Mistral Small 4 (Reasoning)?

Choose based on your priorities: Ring-flash-2.0 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.