Compare / Magistral Small 1.2 vs Mistral Small 3.2

Magistral Small 1.2 vs Mistral Small 3.2

Updated November 2026

Verdict

Magistral Small 1.2 scores higher on the Small LM Index: 55.9 vs 38.6. On the 1 benchmark both labs report, Magistral Small 1.2 wins 1 and Mistral Small 3.2 wins 0. Both need about 16.9 GB of memory at 4-bit quantization. Only Mistral Small 3.2 has a hosted API on OpenRouter ($0.11 per million tokens); the other has to be self-hosted.

Pick Magistral Small 1.2 if…

  • you want the strongest model overall

Pick Mistral Small 3.2 if…

  • you want a hosted API rather than running it yourself
  • you want the more widely used model (more quantized builds and community support)

Specifications

Magistral Small 1.2Mistral Small 3.2
Small LM Index55.9 (likely 51–60)38.6 (likely 29–49)
LabMistral AI · EuropeMistral AI · Europe
Released2025-09-172025-06-20
Parameters24B (dense)24B (dense)
Memory at 4-bit~16.9 GB~16.9 GB
Context window128K tokens128K tokens
Inputtext, imagetext, image
ReasoningAlways thinksNo thinking
LicenseApache-2.0Apache-2.0
API price / 1M tokensSelf-host only$0.11 ($0.075 in, $0.20 out)
Hugging Face downloads (30 days)29.7K118.9K

Benchmarks

Higher is better. Bold marks the winner where both labs report a score. ≈ marks the index model's estimate for a score that wasn't reported, ✓ an independent measurement and * a score measured by another lab.

BenchmarkMagistral Small 1.2Mistral Small 3.2
MMLU-Pro Knowledge≈ 7669.1
GPQA Diamond Knowledge70.146.1
AIME Math77.3≈ 50
LiveCodeBench Coding70.9≈ 43

Scores are mostly reported by each lab with its own settings, so small gaps are noise. See the methodology. Open in the interactive comparison to add more models.

Questions

Which is better, Magistral Small 1.2 or Mistral Small 3.2?

Magistral Small 1.2 scores higher on the Small LM Index: 55.9 vs 38.6. On the 1 benchmark both labs report, Magistral Small 1.2 wins 1 and Mistral Small 3.2 wins 0.

Which is cheaper to run?

Only Mistral Small 3.2 has a hosted API on OpenRouter ($0.11 per million tokens); the other has to be self-hosted. Both need about 16.9 GB of memory at 4-bit quantization.

Which has the longer context window?

Both have a 128K-token context window.

Can I use Magistral Small 1.2 and Mistral Small 3.2 commercially?

Both are released under the Apache-2.0 license. Apache 2.0 and MIT allow commercial use; other licenses can add conditions, so read the license before shipping a product.

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