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Inkling 2 Small vs Mistral Small 3.2 24B Instruct

Inkling 2 Small leads the LLM Stats Score 47.1 to 7.9. Mistral Small 3.2 24B Instruct is 4.5x cheaper per token.

Thinking Machines Lab · Mistral AI · Updated for 2026

Which is better?

Inkling 2 Small leads the overall LLM Stats Score 47.1 to 7.9, ranking #41 overall.

In the 1 individual benchmarks reported for both models, Inkling 2 Small wins 1; this is a narrower head-to-head signal than the composite indexes.

On price, Mistral Small 3.2 24B Instruct is roughly 4.5x cheaper per token on a blended 3:1 input/output basis, which adds up quickly at production volume.

Inkling 2 Small also accepts a larger context window (256,000 input tokens), making it the stronger choice for long documents and large codebases.

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

Choose Inkling 2 Small

  • overall performance matters — it scores 47.1 and ranks #41 on LLM Stats
  • your work emphasizes reasoning — it leads those capability indexes
  • you value its reported benchmark strengths — it wins 1 of 1 exact shared results
  • you process long inputs — it offers a 256,000 token context window
  • you want the most recent training data — it shipped Nov 2026

Choose Mistral Small 3.2 24B Instruct

  • cost matters — it's about 4.5x cheaper per token
  • you need open weights you can self-host or fine-tune

At a glance

The differences that matter most.

Core performance indexes
47.1
#41
7.9
#322
47.8
#26
7.3
#322
Cost, coverage & limits
Benchmark wins
1 of 1
0 of 1
Input price
$0.30 / M
$0.07 / M
Output price
$1.00 / M
$0.20 / M
Context window
256,000
128,000

Capability indexes

Additional strengths measured across groups of related public benchmarks

2 shared
Index
Inkling 2 Small
Mistral Small 3.2 24B Instruct
29.2#47
9.6#153
28.9#44
12.5#128
Conservative TrueSkill rating · higher is betterHow scores work

Individual benchmarks

11 reported for Inkling 2 Small · 15 for Mistral Small 3.2 24B Instruct

1 shared

Inkling 2 Small outperforms in 1 benchmarks (GPQA), while Mistral Small 3.2 24B Instruct is better at 0 benchmarks.

Inkling 2 Small significantly outperforms across most benchmarks.

Tue Nov 10 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, Inkling 2 Small ($0.30/1M tokens) is 4.0x more expensive than Mistral Small 3.2 24B Instruct ($0.07/1M tokens).

For output processing, Inkling 2 Small ($1.00/1M tokens) is 5.0x more expensive than Mistral Small 3.2 24B Instruct ($0.20/1M tokens).

In conclusion, Inkling 2 Small 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 Nov 10 2026 • llm-stats.com
Thinking Machines Lab
Inkling 2 Small
Input tokens$0.30
Output tokens$1.00
Best providerUnknown Organization
Mistral AI
Mistral Small 3.2 24B Instruct
Input tokens$0.07
Output tokens$0.20
Best providerDeepinfra
Notice missing or incorrect data?

Model Size

Parameter count comparison

570.4B diff

Inkling 2 Small has 570.4B more parameters than Mistral Small 3.2 24B Instruct, making it 2416.9% larger.

Thinking Machines Lab
Inkling 2 Small
594.0Bparameters
Mistral AI
Mistral Small 3.2 24B Instruct
23.6Bparameters
594.0B
Inkling 2 Small
23.6B
Mistral Small 3.2 24B Instruct

Context Window

Maximum input and output token capacity

Inkling 2 Small accepts 256,000 input tokens compared to Mistral Small 3.2 24B Instruct's 128,000 tokens. Only Mistral Small 3.2 24B Instruct specifies output context (128,000 tokens).

Thinking Machines Lab
Inkling 2 Small
Input256,000 tokens
Output- tokens
Mistral AI
Mistral Small 3.2 24B Instruct
Input128,000 tokens
Output128,000 tokens
Tue Nov 10 2026 • llm-stats.com

Input capabilities

Documented input modalities across available providers

Both Inkling 2 Small and Mistral Small 3.2 24B Instruct support multimodal inputs.

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

Inkling 2 Small

Text
Images
Audio
Video

Mistral Small 3.2 24B Instruct

Text
Images
Audio
Video

License

Usage and distribution terms

Inkling 2 Small 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.

Inkling 2 Small

Proprietary

Closed source

Mistral Small 3.2 24B Instruct

Apache 2.0

Open weights

Release Timeline

When each model was launched

Inkling 2 Small was released on 2026-11-05, while Mistral Small 3.2 24B Instruct was released on 2025-06-20.

Inkling 2 Small is 17 months newer than Mistral Small 3.2 24B Instruct.

Inkling 2 Small

Nov 5, 2026

4 days ago

1.4yr newer
Mistral Small 3.2 24B Instruct

Jun 20, 2025

1.4 years ago

Knowledge Cutoff

When training data ends

Mistral Small 3.2 24B Instruct has a documented knowledge cutoff of 2023-10-01, while Inkling 2 Small'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 Inkling 2 Small's cutoff date.

Inkling 2 Small

—

Mistral Small 3.2 24B Instruct

Oct 2023

Provider Availability

Inkling 2 Small is available from Thinking Machines Lab. Mistral Small 3.2 24B Instruct is available from DeepInfra.

Inkling 2 Small

thinking-machines logo
Unknown Organization
Input Price:Input: $0.30/1MOutput Price:Output: $1.00/1M

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?

Judge for yourself.

Run your own prompts against Inkling 2 Small and Mistral Small 3.2 24B Instruct side-by-side, then vote on the output you prefer.

Inkling 2 Small
✓ Preferred
Mistral Small 3.2 24B Instruct
Open in Playground

FAQ

Common questions about Inkling 2 Small vs Mistral Small 3.2 24B Instruct.

Which is better, Inkling 2 Small or Mistral Small 3.2 24B Instruct?

Inkling 2 Small leads the LLM Stats Score 47.1 to 7.9. Inkling 2 Small is made by Thinking Machines Lab 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 Inkling 2 Small compare to Mistral Small 3.2 24B Instruct in benchmarks?

Inkling 2 Small scores GPQA: 93.0%, BrowseComp: 90.2%, CharXiv-R: 85.6%, MCP Atlas: 85.0%, SWE-Bench Verified: 82.2%. Mistral Small 3.2 24B Instruct scores DocVQA: 94.9%, AI2D: 92.9%, HumanEval Plus: 92.9%, ChartQA: 87.4%, IF: 84.8%.

Is Inkling 2 Small cheaper than Mistral Small 3.2 24B Instruct?

Mistral Small 3.2 24B Instruct is 4.0x cheaper for input tokens. Inkling 2 Small costs $0.30/M input and $1.00/M output via thinking-machines. 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 Inkling 2 Small and Mistral Small 3.2 24B Instruct?

Inkling 2 Small supports 256K 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 Inkling 2 Small and Mistral Small 3.2 24B Instruct?

Key differences include LLM Stats Score (47.1 vs 7.9), context window (256K vs 128K), input pricing ($0.30 vs $0.07/M), licensing (Proprietary vs Apache 2.0). See the full comparison above for benchmark-by-benchmark results.

Who makes Inkling 2 Small and Mistral Small 3.2 24B Instruct?

Inkling 2 Small is developed by Thinking Machines Lab and Mistral Small 3.2 24B Instruct is developed by Mistral AI.