Mistral: Mistral Small 3.2 24B

mistralai · Released Jun 20, 2025
DFO score #280 / 718
14.5 leaderboard score
Speed #85 / 345
143.2 tok/s
Input Price #226 / 718
$0.075 per 1M tokens
Output Price #223 / 718
$0.200 per 1M tokens
Context #296 / 718
256,000 tokens

Analysis Summary

Mistral Small 3.2 24B is a text-and-image model with a 256K context window, tool use, and function calling. The supplied intelligence and coding results are low, and its agentic result is also limited, so the feature set should not be mistaken for strong performance on complex tasks. Listed prices are $0.0938 per million input tokens and $0.25 per million output tokens.

Its combination of vision and a long context could be useful for lightweight document processing, image-aware classification, and structured API tasks. The evidence does not support relying on it for demanding coding, intricate reasoning, or unsupervised agent workflows. Client-facing writing should also be checked for instruction adherence and accuracy.

It is best evaluated as a cost-conscious utility model for bounded tasks, with a stronger model available for exceptions and higher-stakes work.

Assessed September 23, 2026

Editorial notes

Mistral Small 3.2 combines vision, tool use, function calling, and a 256K context window at low listed prices; its supplied reasoning and coding benchmarks are limited.

The DFO score ranks models on the Artificial Analysis Intelligence Index and is refreshed as new models launch. The write-up and verdict are our own. Feedback?

DFO Verdict

Mistral Small 3.2 combines vision, tool use, function calling, and a 256K context window at low listed prices; its supplied reasoning and coding benchmarks are limited.

#280 of 718 overall Down 3 this week

Benchmarks

Intelligence Index 8.8 #263 of 443 · Artificial Analysis
Coding Index 10.3 #169 of 198 · Artificial Analysis
Agentic Index 1.7 #139 of 181 · Artificial Analysis
Creative Writing Not rated Arena rating
Instruction Following Not rated Arena rating

Artificial Analysis data refreshed Oct 23, 2026. Arena ratings from the Oct 20, 2026 text leaderboard, with style control.

Artificial Analysis no longer lists this model, so its indexes are converted from their older scale to stay comparable.

How Mistral: Mistral Small 3.2 24B compares

Mistral: Mistral Small 3.2 24B ranks #263 of 443 AI models we track for overall intelligence, #169 of 198 for coding, #139 of 181 for agentic tasks. Its 256K-token context window is larger than 59% of the models we list. At $0.08 per million input tokens it is cheaper than 69% of comparable models.

Position in the field
DFO score: ahead of 61% of models #280
Speed: faster than 75% of models #85
Price: cheaper than 69% of models #226
Context: larger than 59% of models #296
worst in fieldmedianbest in field
Price vs frontier peers · $ per 1M tokens
Mistral: Mistral Small 3.2 24B $0.08 in $0.20 out
Anthropic: Claude Opus 5.5 $4.00 in $20.00 out
Google: Gemini 4 Argon $2.00 in $10.00 out
Anthropic: Claude Fable 5.1 $10.00 in $50.00 out

Dark bar = input · light bar = output, scaled to the priciest peer.

Context window vs peers · tokens

1M tokens ≈ 8 full-length novels or ~2,500 pages of business documents in a single request.

Pricing

Token Type Cost per 1M tokens Cost per 1K tokens
Input $0.08 $0.000075
Output $0.20 $0.000200

What would Mistral: Mistral Small 3.2 24B cost your business?

Pick the job that looks most like yours, then fine-tune with the sliders. Estimates update live.

A website chatbot handling around 100 customer conversations a day, a few short messages each.

3,000
One request is one message, email, draft or automation call.
1,200 tokens

$0.405/mo Mistral: Mistral Small 3.2 24B $0.0001 per request
$31.68/mo Anthropic: Claude Opus 5.5 $0.01 per request
$7.92/mo Google: Gemini 4 Argon (batch) · best value $0.0026 per request

Full calculator with 718 models → Price Calculator

DFO AI AUTOMATION

These numbers get smaller with the right architecture.

We route routine calls to cheap models and save Mistral: Mistral Small 3.2 24B for the hard ones. Most clients cut their estimate by 60-80%.

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About Mistral: Mistral Small 3.2 24B

Mistral-Small-3.2-24B-Instruct-2506 is an updated 24B parameter model from Mistral optimized for instruction following, repetition reduction, and improved function calling. Compared to the 3.1 release, version 3.2 significantly improves accuracy on..

Frequently asked questions about Mistral: Mistral Small 3.2 24B

How much does Mistral: Mistral Small 3.2 24B cost?

Mistral: Mistral Small 3.2 24B costs $0.08 per million input tokens and $0.20 per million output tokens.

What is the context window of Mistral: Mistral Small 3.2 24B?

Mistral: Mistral Small 3.2 24B has a context window of 256,000 tokens (256K).

Is Mistral: Mistral Small 3.2 24B good for coding?

On our coding benchmark index, Mistral: Mistral Small 3.2 24B ranks #169 of 198 models, placing it in the broader range of the field for code generation and debugging.

What can Mistral: Mistral Small 3.2 24B do?

Mistral: Mistral Small 3.2 24B supports image/vision input, tool use, and function calling.

Who created Mistral: Mistral Small 3.2 24B?

Mistral: Mistral Small 3.2 24B is developed by Mistral and was released on June 20, 2025.

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