Mistral

Mistral Small 4 (Reasoning)

AI model by Mistral. Real-time pricing and benchmark data.

Pricing (per 1M tokens)

Input$0.15
Output$0.60
Blended (3:1)$0.26

Source: Artificial Analysis

Performance

Output Speed160 tok/s
Time to First Token800ms

Median values from Artificial Analysis

Editorial Analysis

Profile. Mistral Small 4 (Reasoning) is a budget-tier option from Mistral at $0.60/M output tokens. Despite the low price, it scores competitively on Coding Index (26.6) and Intelligence Index (19.7) — making it a candidate for high-volume production workloads where unit cost dominates.

Latency. On latency, Mistral Small 4 (Reasoning) reports 160 tok/s output speed and 800ms time-to-first-token. Output speed is in the normal range — most chat and completion applications will be token-bound, not streaming-bound.

Cost model. For a workload of 1M input tokens + 100K output tokens, Mistral Small 4 (Reasoning) costs $0.21 per million input-equivalent requests. Multiply by your monthly request volume to project the bill, and compare against the speed/correctness profile above to decide if the trade-off is worth it for your workload.

Editorial summary generated from public pricing and benchmark data (Artificial Analysis API). All numbers are sourced — see the Artificial Analysis methodology for benchmark definitions. Last refreshed 2026-08-24.

Compare with similar models

ModelInputOutputSpeed
Mistral Small 4 (Reasoning)Current
$0.15$0.60160 tok/s
NVIDIA Nemotron Nano 12B v2 VL (Reasoning)
$0.20$0.60120 tok/s
NVIDIA Nemotron Nano 12B v2 VL (Non-reasoning)
$0.20$0.60163 tok/s
GPT-4o mini
$0.15$0.60101 tok/s
Solar Pro 3
$0.15$0.60152 tok/s
gpt-oss-120b (high)
$0.15$0.60161 tok/s

Example Costs

Single Request
$0.0004
1.0K in / 500 out
1K Requests/day
$0.4500
1.0M in / 500.0K out
10K Requests/day
$4.50
10.0M in / 5.0M out