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GPT-5.4 vs Mistral Large 4

Mistral Large 4 leads the LLM Stats Score 46.2 to 41.7. Mistral Large 4 is 5.4x cheaper per token.

OpenAI · Mistral AI · Updated for 2026

Which is better?

Mistral Large 4 leads the overall LLM Stats Score 46.2 to 41.7, ranking #34 overall.

In the 1 individual benchmarks reported for both models, Mistral Large 4 wins 1; this is a narrower head-to-head signal than the composite indexes.

On price, Mistral Large 4 is roughly 5.4x 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-5.4

  • you want predictable pricing at $2.50/M input and $15.00/M output

Choose Mistral Large 4

  • overall performance matters — it scores 46.2 and ranks #34 on LLM Stats
  • your work emphasizes agents — it leads those capability indexes
  • you value its reported benchmark strengths — it wins 1 of 1 exact shared results
  • cost matters — it's about 5.4x cheaper per token
  • you want the most recent training data — it shipped Oct 2026

At a glance

The differences that matter most.

Core performance indexes
41.7
#62
46.2
#34
42.1
#55
44.0
#43
29.8
#59
35.8
#27
25.9
#58
34.3
#26
Cost, coverage & limits
Benchmark wins
0 of 1
1 of 1
Input price
$2.50 / M
$0.68 / M
Output price
$15.00 / M
$2.09 / M
Context window
1,000,000
1,000,000

Capability indexes

Additional strengths measured across groups of related public benchmarks

3 shared
Index
GPT-5.4
Mistral Large 4
29.1#36
1.1#187
25.1#34
27.1#26
28.1#37
1.7#160
Conservative TrueSkill rating · higher is betterHow scores work

Individual benchmarks

23 reported for GPT-5.4 · 18 for Mistral Large 4

1 shared

GPT-5.4 outperforms in 0 benchmarks, while Mistral Large 4 is better at 1 benchmark (DeepSWE 1.1).

Mistral Large 4 significantly outperforms across most benchmarks.

Mon Oct 12 2026 • llm-stats.com

Human preference

Blind head-to-head votes and playground preference scores

Pricing Analysis

Price comparison per million tokens

Mistral Large 4 costs less

For input processing, GPT-5.4 ($2.50/1M tokens) is 3.7x more expensive than Mistral Large 4 ($0.68/1M tokens).

For output processing, GPT-5.4 ($15.00/1M tokens) is 7.2x more expensive than Mistral Large 4 ($2.09/1M tokens).

In conclusion, GPT-5.4 is more expensive than Mistral Large 4.*

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

Lowest available price from all providers
Mon Oct 12 2026 • llm-stats.com
OpenAI
GPT-5.4
Input tokens$2.50
Output tokens$15.00
Best providerOpenAI
Mistral AI
Mistral Large 4
Input tokens$0.68
Output tokens$2.09
Best providerMistral
Notice missing or incorrect data?

Context Window

Maximum input and output token capacity

Both models have the same input context window of 1,000,000 tokens. Only GPT-5.4 specifies output context (128,000 tokens).

OpenAI
GPT-5.4
Input1,000,000 tokens
Output128,000 tokens
Mistral AI
Mistral Large 4
Input1,000,000 tokens
Output- tokens
Mon Oct 12 2026 • llm-stats.com

Input capabilities

Documented input modalities across available providers

Both GPT-5.4 and Mistral Large 4 support multimodal inputs.

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

GPT-5.4

Text
Images
Audio
Video

Mistral Large 4

Text
Images
Audio
Video

License

Usage and distribution terms

Both models are licensed under proprietary licenses.

Both models have usage restrictions defined by their respective organizations.

GPT-5.4

Proprietary

Closed source

Mistral Large 4

Proprietary

Closed source

Release Timeline

When each model was launched

GPT-5.4 was released on 2026-03-05, while Mistral Large 4 was released on 2026-10-06.

Mistral Large 4 is 7 months newer than GPT-5.4.

GPT-5.4

Mar 5, 2026

7 months ago

Mistral Large 4

Oct 6, 2026

5 days ago

7mo newer

Knowledge Cutoff

When training data ends

Neither model specifies a knowledge cutoff date.

Unable to compare the recency of their training data.

No cutoff dates available

Provider Availability

GPT-5.4 is available from OpenAI. Mistral Large 4 is available from Mistral AI.

GPT-5.4

openai logo
OpenAI
Input Price:Input: $2.50/1MOutput Price:Output: $15.00/1M

Mistral Large 4

mistral logo
Mistral
Input Price:Input: $0.68/1MOutput Price:Output: $2.09/1M
* Prices shown are per million tokens

Outputs Comparison

Notice missing or incorrect data?

Judge for yourself.

Run your own prompts against GPT-5.4 and Mistral Large 4 side-by-side, then vote on the output you prefer.

GPT-5.4
✓ Preferred
Mistral Large 4
Open in Playground

FAQ

Common questions about GPT-5.4 vs Mistral Large 4.

Which is better, GPT-5.4 or Mistral Large 4?

Mistral Large 4 leads the LLM Stats Score 46.2 to 41.7. GPT-5.4 is made by OpenAI and Mistral Large 4 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-5.4 compare to Mistral Large 4 in benchmarks?

GPT-5.4 scores Tau2 Telecom: 98.9%, ARC-AGI: 93.7%, Graphwalks BFS <128k: 93.0%, GPQA: 92.8%, Graphwalks parents <128k: 89.8%. Mistral Large 4 scores B3 AI Security Benchmark: 93.3%, CyBench: 93.0%, SciCode: 91.8%, KORABench: 84.5%, CyberGym: 82.0%.

Is GPT-5.4 cheaper than Mistral Large 4?

Mistral Large 4 is 3.7x cheaper for input tokens. GPT-5.4 costs $2.50/M input and $15.00/M output via openai. Mistral Large 4 costs $0.68/M input and $2.09/M output via mistral.

What are the context window sizes for GPT-5.4 and Mistral Large 4?

GPT-5.4 supports 1.0M tokens and Mistral Large 4 supports 1.0M tokens. A larger context window lets you process longer documents, conversations, or codebases in a single request.

What are the main differences between GPT-5.4 and Mistral Large 4?

Key differences include LLM Stats Score (41.7 vs 46.2), input pricing ($2.50 vs $0.68/M). See the full comparison above for benchmark-by-benchmark results.

Who makes GPT-5.4 and Mistral Large 4?

GPT-5.4 is developed by OpenAI and Mistral Large 4 is developed by Mistral AI.