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Mercury 3 vs Pixtral Large

Mercury 3 leads the LLM Stats Score 36.1 to 11.3. Mercury 3 is 18.5x cheaper per token.

Inception · Mistral AI · Updated for 2026

Which is better?

Mercury 3 leads the overall LLM Stats Score 36.1 to 11.3, ranking #98 overall.

On price, Mercury 3 is roughly 18.5x cheaper per token on a blended 3:1 input/output basis, which adds up quickly at production volume.

Mercury 3 also accepts a larger context window (1,000,000 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 Mercury 3

  • overall performance matters — it scores 36.1 and ranks #98 on LLM Stats
  • your work emphasizes reasoning — it leads those capability indexes
  • cost matters — it's about 18.5x cheaper per token
  • you process long inputs — it offers a 1,000,000 token context window
  • you want the most recent training data — it shipped Oct 2026

Choose Pixtral Large

  • you need open weights you can self-host or fine-tune

At a glance

The differences that matter most.

Core performance indexes
36.1
#98
11.3
#282
34.8
#103
12.7
#265
Cost, coverage & limits
Benchmark wins
—
—
Input price
$0.10 / M
$2.00 / M
Output price
$0.35 / M
$6.00 / M
Context window
1,000,000
128,000

Individual benchmarks

12 reported for Mercury 3 · 7 for Pixtral Large

No common benchmarks found

Mercury 3 and Pixtral Largedon't have any common benchmark datasets to compare. They may have been evaluated on different testing suites.

Human preference

Blind head-to-head votes and playground preference scores

Pricing Analysis

Price comparison per million tokens

Mercury 3 costs less

For input processing, Mercury 3 ($0.10/1M tokens) is 20.0x cheaper than Pixtral Large ($2.00/1M tokens).

For output processing, Mercury 3 ($0.35/1M tokens) is 17.1x cheaper than Pixtral Large ($6.00/1M tokens).

In conclusion, Pixtral Large is more expensive than Mercury 3.*

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

Lowest available price from all providers
Thu Oct 22 2026 • llm-stats.com
Inception
Mercury 3
Input tokens$0.10
Output tokens$0.35
Best providerInception
Mistral AI
Pixtral Large
Input tokens$2.00
Output tokens$6.00
Best providerMistral
Notice missing or incorrect data?

Context Window

Maximum input and output token capacity

Mercury 3 accepts 1,000,000 input tokens compared to Pixtral Large's 128,000 tokens. Mercury 3 can generate longer responses up to 131,072 tokens, while Pixtral Large is limited to 128,000 tokens.

Inception
Mercury 3
Input1,000,000 tokens
Output131,072 tokens
Mistral AI
Pixtral Large
Input128,000 tokens
Output128,000 tokens
Thu Oct 22 2026 • llm-stats.com

Input capabilities

Documented input modalities across available providers

Pixtral Large supports multimodal inputs, whereas Mercury 3 does not.

Pixtral Large can handle both text and other forms of data like images, making it suitable for multimodal applications.

Mercury 3

Text
Images
Audio
Video

Pixtral Large

Text
Images
Audio
Video

License

Usage and distribution terms

Mercury 3 is licensed under a proprietary license, while Pixtral Large uses Mistral Research License (MRL) for research; Mistral Commercial License for commercial use.

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

Mercury 3

Proprietary

Closed source

Pixtral Large

Mistral Research License (MRL) for research; Mistral Commercial License for commercial use

Open weights

Release Timeline

When each model was launched

Mercury 3 was released on 2026-10-19, while Pixtral Large was released on 2024-11-18.

Mercury 3 is 23 months newer than Pixtral Large.

Mercury 3

Oct 19, 2026

0 days ago

1.9yr newer
Pixtral Large

Nov 18, 2024

1.9 years ago

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

Mercury 3 is available from Inception. Pixtral Large is available from Mistral AI.

Mercury 3

inception logo
Inception
Input Price:Input: $0.10/1MOutput Price:Output: $0.35/1M

Pixtral Large

mistral logo
Mistral
Input Price:Input: $2.00/1MOutput Price:Output: $6.00/1M
* Prices shown are per million tokens

Outputs Comparison

Notice missing or incorrect data?

Judge for yourself.

Run your own prompts against Mercury 3 and Pixtral Large side-by-side, then vote on the output you prefer.

Mercury 3
✓ Preferred
Pixtral Large
Open in Playground

FAQ

Common questions about Mercury 3 vs Pixtral Large.

Which is better, Mercury 3 or Pixtral Large?

Mercury 3 leads the LLM Stats Score 36.1 to 11.3. Mercury 3 is made by Inception and Pixtral Large 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 Mercury 3 compare to Pixtral Large in benchmarks?

Mercury 3 scores GPQA: 89.2%, AA-LCR: 77.7%, IFBench: 76.8%, MRCR v2: 75.5%, DeepSearchQA: 71.3%. Pixtral Large scores AI2D: 93.8%, DocVQA: 93.3%, ChartQA: 88.1%, VQAv2: 80.9%, MM-MT-Bench: 74.0%.

Is Mercury 3 cheaper than Pixtral Large?

Mercury 3 is 20.0x cheaper for input tokens. Mercury 3 costs $0.10/M input and $0.35/M output via inception. Pixtral Large costs $2.00/M input and $6.00/M output via mistral.

What are the context window sizes for Mercury 3 and Pixtral Large?

Mercury 3 supports 1.0M tokens and Pixtral Large 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 Mercury 3 and Pixtral Large?

Key differences include LLM Stats Score (36.1 vs 11.3), context window (1.0M vs 128K), input pricing ($0.10 vs $2.00/M), multimodal support (no vs yes), licensing (Proprietary vs Mistral Research License (MRL) for research; Mistral Commercial License for commercial use). See the full comparison above for benchmark-by-benchmark results.

Who makes Mercury 3 and Pixtral Large?

Mercury 3 is developed by Inception and Pixtral Large is developed by Mistral AI.