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Mistral Large 4 vs QwQ-32B-Preview

Mistral Large 4 leads the LLM Stats Score 46.4 to 9.0. QwQ-32B-Preview is 6.4x cheaper per token.

Mistral AI · Alibaba Cloud / Qwen Team · Updated for 2026

Which is better?

Mistral Large 4 leads the overall LLM Stats Score 46.4 to 9.0, ranking #32 overall.

On price, QwQ-32B-Preview is roughly 6.4x cheaper per token on a blended 3:1 input/output basis, which adds up quickly at production volume.

Mistral Large 4 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 Mistral Large 4

  • overall performance matters — it scores 46.4 and ranks #32 on LLM Stats
  • your work emphasizes reasoning and coding — it leads those capability indexes
  • 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 QwQ-32B-Preview

  • cost matters — it's about 6.4x 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
46.4
#32
9.0
#285
44.1
#41
9.3
#275
36.7
#23
4.4
#219
Cost, coverage & limits
Benchmark wins
—
—
Input price
$0.68 / M
$0.15 / M
Output price
$2.09 / M
$0.20 / M
Context window
1,000,000
32,768

Individual benchmarks

15 reported for Mistral Large 4 · 4 for QwQ-32B-Preview

No common benchmarks found

Mistral Large 4 and QwQ-32B-Previewdon'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

QwQ-32B-Preview costs less

For input processing, Mistral Large 4 ($0.68/1M tokens) is 4.5x more expensive than QwQ-32B-Preview ($0.15/1M tokens).

For output processing, Mistral Large 4 ($2.09/1M tokens) is 10.4x more expensive than QwQ-32B-Preview ($0.20/1M tokens).

In conclusion, Mistral Large 4 is more expensive than QwQ-32B-Preview.*

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

Lowest available price from all providers
Wed Oct 07 2026 • llm-stats.com
Mistral AI
Mistral Large 4
Input tokens$0.68
Output tokens$2.09
Best providerMistral
Alibaba Cloud / Qwen Team
QwQ-32B-Preview
Input tokens$0.15
Output tokens$0.20
Best providerDeepinfra
Notice missing or incorrect data?

Model Size

Parameter count comparison

1017.5B diff

Mistral Large 4 has 1017.5B more parameters than QwQ-32B-Preview, making it 3130.8% larger.

Mistral AI
Mistral Large 4
1.1Tparameters
Alibaba Cloud / Qwen Team
QwQ-32B-Preview
32.5Bparameters
1050.0B
Mistral Large 4
32.5B
QwQ-32B-Preview

Context Window

Maximum input and output token capacity

Mistral Large 4 accepts 1,000,000 input tokens compared to QwQ-32B-Preview's 32,768 tokens. Only QwQ-32B-Preview specifies output context (32,768 tokens).

Mistral AI
Mistral Large 4
Input1,000,000 tokens
Output- tokens
Alibaba Cloud / Qwen Team
QwQ-32B-Preview
Input32,768 tokens
Output32,768 tokens
Wed Oct 07 2026 • llm-stats.com

Input capabilities

Documented input modalities across available providers

Mistral Large 4 supports multimodal inputs, whereas QwQ-32B-Preview does not.

Mistral Large 4 can handle both text and other forms of data like images, making it suitable for multimodal applications.

Mistral Large 4

Text
Images
Audio
Video

QwQ-32B-Preview

Text
Images
Audio
Video

License

Usage and distribution terms

Mistral Large 4 is licensed under a proprietary license, while QwQ-32B-Preview uses Apache 2.0.

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

Mistral Large 4

Proprietary

Closed source

QwQ-32B-Preview

Apache 2.0

Open weights

Release Timeline

When each model was launched

Mistral Large 4 was released on 2026-10-06, while QwQ-32B-Preview was released on 2024-11-28.

Mistral Large 4 is 23 months newer than QwQ-32B-Preview.

Mistral Large 4

Oct 6, 2026

1 days ago

1.9yr newer
QwQ-32B-Preview

Nov 28, 2024

1.9 years ago

Knowledge Cutoff

When training data ends

QwQ-32B-Preview has a documented knowledge cutoff of 2024-11-28, while Mistral Large 4's cutoff date is not specified.

We can confirm QwQ-32B-Preview's training data extends to 2024-11-28, but cannot make a direct comparison without Mistral Large 4's cutoff date.

Mistral Large 4

—

QwQ-32B-Preview

Nov 2024

Provider Availability

Mistral Large 4 is available from Mistral AI. QwQ-32B-Preview is available from DeepInfra, Hyperbolic, Fireworks, Together.

Mistral Large 4

mistral logo
Mistral
Input Price:Input: $0.68/1MOutput Price:Output: $2.09/1M

QwQ-32B-Preview

deepinfra logo
Deepinfra
Input Price:Input: $0.15/1MOutput Price:Output: $0.60/1M
hyperbolic logo
Hyperbolic
Input Price:Input: $0.20/1MOutput Price:Output: $0.20/1M
fireworks logo
Fireworks
Input Price:Input: $0.89/1MOutput Price:Output: $0.89/1M
together logo
Together
Input Price:Input: $1.20/1MOutput Price:Output: $1.20/1M
* Prices shown are per million tokens

Outputs Comparison

Notice missing or incorrect data?

Judge for yourself.

Run your own prompts against Mistral Large 4 and QwQ-32B-Preview side-by-side, then vote on the output you prefer.

Mistral Large 4
✓ Preferred
QwQ-32B-Preview
Open in Playground

FAQ

Common questions about Mistral Large 4 vs QwQ-32B-Preview.

Which is better, Mistral Large 4 or QwQ-32B-Preview?

Mistral Large 4 leads the LLM Stats Score 46.4 to 9.0. Mistral Large 4 is made by Mistral AI and QwQ-32B-Preview is made by Alibaba Cloud / Qwen Team. The best choice depends on your use case — compare their capability indexes, individual benchmarks, pricing, and limits above.

How does Mistral Large 4 compare to QwQ-32B-Preview in benchmarks?

Mistral Large 4 scores CyBench: 93.0%, SciCode: 91.8%, CyberGym: 82.0%, Finch (FinWorkBench): 67.4%, ChartQAPro: 63.1%. QwQ-32B-Preview scores MATH-500: 90.6%, GPQA: 65.2%, AIME 2024: 50.0%, LiveCodeBench: 50.0%.

Is Mistral Large 4 cheaper than QwQ-32B-Preview?

QwQ-32B-Preview is 4.5x cheaper for input tokens. Mistral Large 4 costs $0.68/M input and $2.09/M output via mistral. QwQ-32B-Preview costs $0.15/M input and $0.20/M output via deepinfra.

What are the context window sizes for Mistral Large 4 and QwQ-32B-Preview?

Mistral Large 4 supports 1.0M tokens and QwQ-32B-Preview supports 33K 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 4 and QwQ-32B-Preview?

Key differences include LLM Stats Score (46.4 vs 9.0), context window (1.0M vs 33K), input pricing ($0.68 vs $0.15/M), multimodal support (yes vs no), licensing (Proprietary vs Apache 2.0). See the full comparison above for benchmark-by-benchmark results.

Who makes Mistral Large 4 and QwQ-32B-Preview?

Mistral Large 4 is developed by Mistral AI and QwQ-32B-Preview is developed by Alibaba Cloud / Qwen Team.