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Mistral Large 3 vs o3-mini

o3-mini leads the LLM Stats Score 21.8 to 11.0. o3-mini is 1.4x cheaper per token.

Mistral AI · OpenAI · Updated for 2026

Which is better?

o3-mini leads the overall LLM Stats Score 21.8 to 11.0, ranking #169 overall.

In the 1 individual benchmarks reported for both models, o3-mini wins 1; this is a narrower head-to-head signal than the composite indexes.

On price, o3-mini is roughly 1.4x cheaper per token on a blended 3:1 input/output basis, which adds up quickly at production volume.

o3-mini also accepts a larger context window (200,000 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 Mistral Large 3

  • you want the most recent training data — it shipped Sep 2025
  • you need open weights you can self-host or fine-tune

Choose o3-mini

  • overall performance matters — it scores 21.8 and ranks #169 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
  • cost matters — it's about 1.4x cheaper per token
  • you process long inputs — it offers a 200,000 token context window

At a glance

The differences that matter most.

Core performance indexes
11.0
#242
21.8
#169
8.9
#251
20.9
#169
Cost, coverage & limits
Benchmark wins
0 of 1
1 of 1
Input price
$2.00 / M
$1.10 / M
Output price
$5.00 / M
$4.40 / M
Context window
128,000
200,000

Capability indexes

Additional strengths measured across groups of related public benchmarks

2 shared
Index
Mistral Large 3
o3-mini
14.9#204
29.5#76
16.6#33
8.2#76
Conservative TrueSkill rating · higher is betterHow scores work

Individual benchmarks

8 reported for Mistral Large 3 · 25 for o3-mini

1 shared

Mistral Large 3 outperforms in 0 benchmarks, while o3-mini is better at 1 benchmark (MATH).

o3-mini significantly outperforms across most benchmarks.

Fri Aug 28 2026 • llm-stats.com

Human preference

Blind head-to-head votes and playground preference scores

Pricing Analysis

Price comparison per million tokens

o3-mini costs less

For input processing, Mistral Large 3 ($2.00/1M tokens) is 1.8x more expensive than o3-mini ($1.10/1M tokens).

For output processing, Mistral Large 3 ($5.00/1M tokens) is 1.1x more expensive than o3-mini ($4.40/1M tokens).

In conclusion, Mistral Large 3 is more expensive than o3-mini.*

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

Lowest available price from all providers
Fri Aug 28 2026 • llm-stats.com
Mistral AI
Mistral Large 3
Input tokens$2.00
Output tokens$5.00
Best providerMistral
OpenAI
o3-mini
Input tokens$1.10
Output tokens$4.40
Best providerAzure
Notice missing or incorrect data?Start an Issue

Context Window

Maximum input and output token capacity

o3-mini accepts 200,000 input tokens compared to Mistral Large 3's 128,000 tokens. o3-mini can generate longer responses up to 100,000 tokens, while Mistral Large 3 is limited to 8,192 tokens.

Mistral AI
Mistral Large 3
Input128,000 tokens
Output8,192 tokens
OpenAI
o3-mini
Input200,000 tokens
Output100,000 tokens
Fri Aug 28 2026 • llm-stats.com

Input capabilities

Documented input modalities across available providers

Mistral Large 3 supports multimodal inputs, whereas o3-mini does not.

Mistral Large 3 can handle both text and other forms of data like images, making it suitable for multimodal applications.

Mistral Large 3

Text
Images
Audio
Video

o3-mini

Text
Images
Audio
Video

License

Usage and distribution terms

Mistral Large 3 is licensed under Apache 2.0, while o3-mini uses a proprietary license.

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

Mistral Large 3

Apache 2.0

Open weights

o3-mini

Proprietary

Closed source

Release Timeline

When each model was launched

Mistral Large 3 was released on 2025-09-01, while o3-mini was released on 2025-01-30.

Mistral Large 3 is 7 months newer than o3-mini.

Mistral Large 3

Sep 1, 2025

12 months ago

7mo newer
o3-mini

Jan 30, 2025

1.6 years ago

Knowledge Cutoff

When training data ends

o3-mini has a documented knowledge cutoff of 2023-09-30, while Mistral Large 3's cutoff date is not specified.

We can confirm o3-mini's training data extends to 2023-09-30, but cannot make a direct comparison without Mistral Large 3's cutoff date.

Mistral Large 3

o3-mini

Sep 2023

Provider Availability

Mistral Large 3 is available from Mistral AI. o3-mini is available from Azure, OpenAI.

Mistral Large 3

mistral logo
Mistral
Input Price:Input: $2.00/1MOutput Price:Output: $5.00/1M

o3-mini

azure logo
Azure
Input Price:Input: $1.10/1MOutput Price:Output: $4.40/1M
openai logo
OpenAI
Input Price:Input: $1.10/1MOutput Price:Output: $4.40/1M
* 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 Mistral Large 3 and o3-mini side-by-side, then vote on the output you prefer.

Mistral Large 3
✓ Preferred
o3-mini
Open in Playground

FAQ

Common questions about Mistral Large 3 vs o3-mini.

Which is better, Mistral Large 3 or o3-mini?

o3-mini leads the LLM Stats Score 21.8 to 11.0. Mistral Large 3 is made by Mistral AI and o3-mini is made by OpenAI. The best choice depends on your use case — compare their capability indexes, individual benchmarks, pricing, and limits above.

How does Mistral Large 3 compare to o3-mini in benchmarks?

Mistral Large 3 scores MATH: 90.4%, MM-MT-Bench: 84.9%, MMLU-Redux: 82.0%, TriviaQA: 74.9%, MMMLU: 74.2%. o3-mini scores COLLIE: 98.7%, MATH: 97.9%, IFEval: 93.9%, MGSM: 92.0%, AIME 2024: 87.3%.

Is Mistral Large 3 cheaper than o3-mini?

o3-mini is 1.8x cheaper for input tokens. Mistral Large 3 costs $2.00/M input and $5.00/M output via mistral. o3-mini costs $1.10/M input and $4.40/M output via azure.

What are the context window sizes for Mistral Large 3 and o3-mini?

Mistral Large 3 supports 128K tokens and o3-mini supports 200K tokens. A larger context window lets you process longer documents, conversations, or codebases in a single request.

What are the main differences between Mistral Large 3 and o3-mini?

Key differences include LLM Stats Score (11.0 vs 21.8), context window (128K vs 200K), input pricing ($2.00 vs $1.10/M), multimodal support (yes vs no), licensing (Apache 2.0 vs Proprietary). See the full comparison above for benchmark-by-benchmark results.

Who makes Mistral Large 3 and o3-mini?

Mistral Large 3 is developed by Mistral AI and o3-mini is developed by OpenAI.