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GPT-4o vs Mistral Small 3.2 24B Instruct

GPT-4o leads the LLM Stats Score 14.1 to 8.4. Mistral Small 3.2 24B Instruct is 41.2x cheaper per token.

OpenAI · Mistral AI · Updated for 2026

Which is better?

GPT-4o leads the overall LLM Stats Score 14.1 to 8.4, ranking #241 overall.

In the 9 individual benchmarks reported for both models, GPT-4o wins 6; this is a narrower head-to-head signal than the composite indexes.

On price, Mistral Small 3.2 24B Instruct is roughly 41.2x cheaper per token on a blended 3:1 input/output basis, which adds up quickly at production volume.

Based on current LLM Stats indexes, shared benchmarks, pricing, and model metadata for 2026.

Choose GPT-4o

  • overall performance matters — it scores 14.1 and ranks #241 on LLM Stats
  • your work emphasizes reasoning — it leads those capability indexes
  • you value its reported benchmark strengths — it wins 6 of 9 exact shared results

Choose Mistral Small 3.2 24B Instruct

  • cost matters — it's about 41.2x cheaper per token
  • you want the most recent training data — it shipped Jun 2025
  • you need open weights you can self-host or fine-tune

At a glance

The differences that matter most.

Core performance indexes
14.1
#241
8.4
#281
15.9
#222
7.9
#282
Cost, coverage & limits
Benchmark wins
6 of 9
3 of 9
Input price
$2.50 / M
$0.07 / M
Output price
$10.00 / M
$0.20 / M
Context window
128,000
128,000

Capability indexes

Additional strengths measured across groups of related public benchmarks

5 shared
Index
GPT-4o
Mistral Small 3.2 24B Instruct
12.5#233
11.1#245
8.3#138
10.1#124
12.0#109
13.2#103
16.3#114
9.3#152
16.3#96
9.3#133
Conservative TrueSkill rating · higher is betterHow scores work

Individual benchmarks

38 reported for GPT-4o · 15 for Mistral Small 3.2 24B Instruct

9 shared

GPT-4o outperforms in 6 benchmarks (AI2D, GPQA, MMLU, MMLU-Pro, MMMU, SimpleQA), while Mistral Small 3.2 24B Instruct is better at 3 benchmarks (ChartQA, DocVQA, MathVista).

GPT-4o shows notably better performance in the majority of benchmarks.

Tue Sep 22 2026 • llm-stats.com

Human preference

Blind head-to-head votes and playground preference scores

Pricing Analysis

Price comparison per million tokens

Mistral Small 3.2 24B Instruct costs less

For input processing, GPT-4o ($2.50/1M tokens) is 33.3x more expensive than Mistral Small 3.2 24B Instruct ($0.07/1M tokens).

For output processing, GPT-4o ($10.00/1M tokens) is 50.0x more expensive than Mistral Small 3.2 24B Instruct ($0.20/1M tokens).

In conclusion, GPT-4o is more expensive than Mistral Small 3.2 24B Instruct.*

* Using a 3:1 ratio of input to output tokens

Lowest available price from all providers
Tue Sep 22 2026 • llm-stats.com
OpenAI
GPT-4o
Input tokens$2.50
Output tokens$10.00
Best providerAzure
Mistral AI
Mistral Small 3.2 24B Instruct
Input tokens$0.07
Output tokens$0.20
Best providerDeepinfra
Notice missing or incorrect data?Start an Issue

Context Window

Maximum input and output token capacity

Both models have the same input context window of 128,000 tokens. Mistral Small 3.2 24B Instruct can generate longer responses up to 128,000 tokens, while GPT-4o is limited to 16,384 tokens.

OpenAI
GPT-4o
Input128,000 tokens
Output16,384 tokens
Mistral AI
Mistral Small 3.2 24B Instruct
Input128,000 tokens
Output128,000 tokens
Tue Sep 22 2026 • llm-stats.com

Input capabilities

Documented input modalities across available providers

Both GPT-4o and Mistral Small 3.2 24B Instruct support multimodal inputs.

They are both capable of processing various types of data, offering versatility in application.

GPT-4o

Text
Images
Audio
Video

Mistral Small 3.2 24B Instruct

Text
Images
Audio
Video

License

Usage and distribution terms

GPT-4o is licensed under a proprietary license, while Mistral Small 3.2 24B Instruct uses Apache 2.0.

License differences may affect how you can use these models in commercial or open-source projects.

GPT-4o

Proprietary

Closed source

Mistral Small 3.2 24B Instruct

Apache 2.0

Open weights

Release Timeline

When each model was launched

GPT-4o was released on 2024-08-06, while Mistral Small 3.2 24B Instruct was released on 2025-06-20.

Mistral Small 3.2 24B Instruct is 11 months newer than GPT-4o.

GPT-4o

Aug 6, 2024

2.1 years ago

Mistral Small 3.2 24B Instruct

Jun 20, 2025

1.3 years ago

10mo newer

Knowledge Cutoff

When training data ends

Mistral Small 3.2 24B Instruct has a documented knowledge cutoff of 2023-10-01, while GPT-4o's cutoff date is not specified.

We can confirm Mistral Small 3.2 24B Instruct's training data extends to 2023-10-01, but cannot make a direct comparison without GPT-4o's cutoff date.

GPT-4o

Mistral Small 3.2 24B Instruct

Oct 2023

Provider Availability

GPT-4o is available from Azure, OpenAI. Mistral Small 3.2 24B Instruct is available from DeepInfra.

GPT-4o

azure logo
Azure
Input Price:Input: $2.50/1MOutput Price:Output: $10.00/1M
openai logo
OpenAI
Input Price:Input: $2.50/1MOutput Price:Output: $10.00/1M

Mistral Small 3.2 24B Instruct

deepinfra logo
Deepinfra
Input Price:Input: $0.07/1MOutput Price:Output: $0.20/1M
* Prices shown are per million tokens

Outputs Comparison

Notice missing or incorrect data?Start an Issue discussion

Judge for yourself.

Run your own prompts against GPT-4o and Mistral Small 3.2 24B Instruct side-by-side, then vote on the output you prefer.

GPT-4o
✓ Preferred
Mistral Small 3.2 24B Instruct
Open in Playground

FAQ

Common questions about GPT-4o vs Mistral Small 3.2 24B Instruct.

Which is better, GPT-4o or Mistral Small 3.2 24B Instruct?

GPT-4o leads the LLM Stats Score 14.1 to 8.4. GPT-4o is made by OpenAI and Mistral Small 3.2 24B Instruct is made by Mistral AI. The best choice depends on your use case — compare their capability indexes, individual benchmarks, pricing, and limits above.

How does GPT-4o compare to Mistral Small 3.2 24B Instruct in benchmarks?

GPT-4o scores AI2D: 94.2%, DocVQA: 92.8%, ChartQA: 85.7%, MMLU: 85.7%, CharXiv-D: 85.3%. Mistral Small 3.2 24B Instruct scores DocVQA: 94.9%, AI2D: 92.9%, HumanEval Plus: 92.9%, ChartQA: 87.4%, IF: 84.8%.

Is GPT-4o cheaper than Mistral Small 3.2 24B Instruct?

Mistral Small 3.2 24B Instruct is 33.3x cheaper for input tokens. GPT-4o costs $2.50/M input and $10.00/M output via azure. Mistral Small 3.2 24B Instruct costs $0.07/M input and $0.20/M output via deepinfra.

What are the context window sizes for GPT-4o and Mistral Small 3.2 24B Instruct?

GPT-4o supports 128K tokens and Mistral Small 3.2 24B Instruct supports 128K tokens. A larger context window lets you process longer documents, conversations, or codebases in a single request.

What are the main differences between GPT-4o and Mistral Small 3.2 24B Instruct?

Key differences include LLM Stats Score (14.1 vs 8.4), input pricing ($2.50 vs $0.07/M), licensing (Proprietary vs Apache 2.0). See the full comparison above for benchmark-by-benchmark results.

Who makes GPT-4o and Mistral Small 3.2 24B Instruct?

GPT-4o is developed by OpenAI and Mistral Small 3.2 24B Instruct is developed by Mistral AI.