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Mistral Large 3 2512 vs Mistral Large 4

Mistral Large 3 2512

Mistral AI

67#153
vs
Mistral Large 4

Mistral AI

68#143
Signal-by-Signal Comparison
SignalMistral Large 3 2512DeltaMistral Large 4
Capabilities
67
-17
83
Benchmarks
68
--
68
Pricing
99
+1
98
Context window size
86
-9
96
Recency
75
-25
100
Output Capacity
85
-1
87
Overall Result
1 wins
of 6
4 wins
Mistral Large 4 wins 4 of 6 signals

Score History

Score History (34 data points)
Mistral Large 3 2512Mistral Large 4
Mistral Large 3 2512

67

current score

Leader

Mistral Large 4

right now

Mistral Large 4

68.3

current score

LMMarketCap.com
Interactive Price Comparison
100Kcalls/month
1,000tokens (~1,333 chars)
500tokens (~667 chars)

Mistral Large 3 2512

Mistral AI

Best Value
Per request$0.001250
Daily$4.17
Monthly$125.00
Annual$1500.00

Mistral Large 4

Mistral AI

Per request$0.001725
Daily$5.75
Monthly$172.50
Annual$2070.00

Mistral Large 3 2512 saves you $47.50/month

That's $570.00/year compared to Mistral Large 4 at your current usage level of 100K calls/month.

28% cheaper
Choose Mistral Large 3 2512 for cost optimization

Mistral Large 3 2512 pricing:
Input:$0.50/M tokens
Output:$1.50/M tokens
Mistral Large 4 pricing:
Input:$0.68/M tokens
Output:$2.09/M tokens
Mistral Large 3 2512

Mistral AI

67

Composite Score

Winner
Mistral Large 4

Mistral AI

68

Composite Score

Signal-by-Signal Comparison
MetricMistral Large 3 2512Mistral Large 4Winner
Overall Score
67
68
Mistral Large 4
Rank#153#143
Mistral Large 4
Quality Rank#153#143
Mistral Large 4
Adoption Rank#153#143
Mistral Large 4
Parameters------
Context Window262K1049K
Mistral Large 4
Pricing$0.50/$1.50/M$0.68/$2.09/M--
Signal Scores
Capabilities
67
83
Mistral Large 4
Benchmarks
68
68
Mistral Large 3 2512
Pricing
99
98
Mistral Large 3 2512
Context window size
86
96
Mistral Large 4
Recency
75
100
Mistral Large 4
Output Capacity
85
87
Mistral Large 4
Benchmark Head-to-Head(10 benchmarks)
Mistral Large: 010 tiesMistral Large: 0
Mistral Large
Mistral Large
Normalized 0-100%
MMLU
84.7%84.7%
MMLU-Pro
69.4%69.4%
GPQA Diamond
52.5%52.5%
MATH-500
76%76%
HumanEval
92%92%
IFEval
86.5%86.5%
BBH
80%80%
Arena Elo
12801280
LiveBench
57.1%57.1%
BigCodeBench
30%30%
Benchmark Interpretation

Our score (0-100) is driven by benchmark performance (90%) from Arena Elo ratings, MMLU, GPQA, HumanEval, SWE-bench, and 15+ standardized evaluations. Capabilities and context window serve as tiebreakers (10%). Learn more about our methodology.

Mistral Large 3 2512Competitive

Scores 67/100 (rank #153), placing it in the top 48% of all 290 models tracked.

Raw Quality0/100
Cost Efficiency0/100
Speed0/100
Mistral Large 4Competitive

Scores 68/100 (rank #143), placing it in the top 51% of all 290 models tracked.

Raw Quality0/100
Cost Efficiency0/100
Speed0/100

With only a 1-point gap, these models are in the same performance tier. The practical difference in output quality is minimal - your choice should depend on pricing, latency requirements, and specific feature needs.

When to Use Each Model

Choose Mistral Large 3 2512 when you need:

  • Budget-friendly applications with moderate quality requirements

Choose Mistral Large 4 when you need:

  • Processing long documents or large codebases (1049K token context)
  • Step-by-step reasoning and chain-of-thought problem solving
Cost-Performance Analysis
Mistral Large 3 2512Best Value
Input cost$0.50/M tokens
Output cost$1.50/M tokens
Cost per quality point$0.030
Est. monthly (1M tokens/day)$30.00
Mistral Large 4
Input cost$0.68/M tokens
Output cost$2.09/M tokens
Cost per quality point$0.041
Est. monthly (1M tokens/day)$41.55

Mistral Large 3 2512 offers 28% better value per quality point. At 1M tokens/day, you'd spend $30.00/month with Mistral Large 3 2512 vs $41.55/month with Mistral Large 4 - a $11.55 monthly difference.

Latency & Speed
Mistral Large 3 2512Faster
Speed score0/100
Mistral Large 4
Speed score0/100

Both models have comparable response speeds. For most applications, the latency difference is negligible.

When latency matters most: Interactive chatbots, IDE code completion, real-time translation, and user-facing applications where response time directly impacts experience. For batch processing, background summarization, or offline analysis, latency is less critical.

Example Use Cases

Code generation & review

Based on overall model capabilities and architecture for coding tasks like generating functions, debugging, and refactoring

Mistral Large 3 2512

Customer support chatbot

Suitable for user-facing chat with competitive response times. Mistral Large 3 2512 also offers lower per-token costs for high-volume support

Mistral Large 3 2512

Long document analysis

Larger context window (1049K tokens) can process longer documents, contracts, and research papers in a single pass

Mistral Large 4

Batch data extraction

Lower output pricing ($1.50/M) reduces costs when processing thousands of records daily

Mistral Large 3 2512

Creative writing & content

Higher overall composite score (68/100) correlates with better nuance, coherence, and style in long-form content

Mistral Large 4

Image understanding & OCR

Supports vision input - can analyze screenshots, diagrams, photos, and scanned documents directly

Mistral Large 3 2512
Which Should You Choose?
Our recommendation:
Mistral Large 4

Mistral Large 3 2512 and Mistral Large 4 are extremely close in overall performance (only 1.2999999999999972 points apart). Your best choice depends entirely on which specific strengths matter most for your use case.

by Mistral AI

  • Choose for Quality - Marginally better benchmark scores; both are excellent
  • Choose for Cost - 28% lower pricing; better value at scale
  • Choose for Reliability - Higher uptime and faster response speeds
  • Choose for Prototyping - Stronger community support and better developer experience
  • Choose for Production - Wider enterprise adoption and proven at scale
Mistral Large 4
Recommended

by Mistral AI

Consider for specialized use cases.

Capability Comparison
CapabilityMistral Large 3 2512Mistral Large 4
Vision (Image Input)
Function Calling
Streaming
JSON Mode
Reasoningdiffers
Web Search
Image Output
Monthly Cost Calculator
1,000tokens (600 in / 400 out)
100requests/day (3,000/month)

Mistral Large 3 2512

Mistral AI

Best Value
$2.70
estimated monthly cost

Mistral Large 4

Mistral AI

$3.73
estimated monthly cost

Mistral Large 3 2512 saves you $1.03/month

That's 28% cheaper than Mistral Large 4 at 1,000 tokens/request and 100 requests/day.

Assumes 60% input / 40% output token ratio per request. Actual costs may vary based on your usage pattern.

Parameters & Context
ParameterMistral Large 3 2512Mistral Large 4
Context Window262K1.0M
Max Output Tokens209,715262,144
Open SourceNoNo
CreatedDec 1, 2025Oct 6, 2026
Last updated: 14m ago

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Mistral Large 3 2512 vs Mistral Large 4 (2026) | LM Market Cap