Mistral Small 4 vs OpenAI o3

Compare Mistral Small 4 by Mistral AI against OpenAI o3 by OpenAI, tested across 50 shared challenges. Updated March 2026.

Which is better, Mistral Small 4 or OpenAI o3?

Mistral Small 4 and OpenAI o3 are both competitive models. Mistral Small 4 costs $0.15/M input tokens vs $10/M for OpenAI o3. Compare their real outputs side by side below.

Key Differences Between Mistral Small 4 and OpenAI o3

Mistral Small 4 is made by mistral while OpenAI o3 is from openai. On pricing, Mistral Small 4 costs $0.15/M input tokens vs $10/M for OpenAI o3.

Our Verdict
OpenAI o3
OpenAI o3
Mistral Small 4
Mistral Small 4Runner-up

No community votes yet. On paper, OpenAI o3 has the edge — bigger model tier, major provider backing.

Mistral Small 4 is 67x cheaper per token — worth considering if cost matters.

Too close to call
FAQ

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