Mistral Large 4 vs Step-3.5-Flash
Mistral Large 4 leads the LLM Stats Score 46.2 to 37.1. Step-3.5-Flash is 5.9x cheaper per token.
Mistral AI · StepFun · Updated for 2026
Which is better?
Mistral Large 4 leads the overall LLM Stats Score 46.2 to 37.1, ranking #34 overall.
On price, Step-3.5-Flash is roughly 5.9x 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 46.2 and ranks #34 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 Step-3.5-Flash
- cost matters — it's about 5.9x cheaper per token
- you need open weights you can self-host or fine-tune
At a glance
The differences that matter most.
Capability indexes
Additional strengths measured across groups of related public benchmarks
Individual benchmarks
18 reported for Mistral Large 4 · 7 for Step-3.5-Flash
Mistral Large 4 and Step-3.5-Flashdon'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
For input processing, Mistral Large 4 ($0.68/1M tokens) is 6.8x more expensive than Step-3.5-Flash ($0.10/1M tokens).
For output processing, Mistral Large 4 ($2.09/1M tokens) is 5.2x more expensive than Step-3.5-Flash ($0.40/1M tokens).
In conclusion, Mistral Large 4 is more expensive than Step-3.5-Flash.*
* Using a 3:1 ratio of input to output tokens
Model Size
Parameter count comparison
Mistral Large 4 has 854.0B more parameters than Step-3.5-Flash, making it 435.7% larger.
Context Window
Maximum input and output token capacity
Mistral Large 4 accepts 1,000,000 input tokens compared to Step-3.5-Flash's 65,536 tokens. Only Step-3.5-Flash specifies output context (8,192 tokens).
Input capabilities
Documented input modalities across available providers
Mistral Large 4 supports multimodal inputs, whereas Step-3.5-Flash 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
Step-3.5-Flash
License
Usage and distribution terms
Mistral Large 4 is licensed under a proprietary license, while Step-3.5-Flash uses Apache 2.0.
License differences may affect how you can use these models in commercial or open-source projects.
Proprietary
Closed source
Apache 2.0
Open weights
Release Timeline
When each model was launched
Mistral Large 4 was released on 2026-10-06, while Step-3.5-Flash was released on 2026-02-02.
Mistral Large 4 is 8 months newer than Step-3.5-Flash.
Oct 6, 2026
2 days ago
8mo newerFeb 2, 2026
8 months ago
Knowledge Cutoff
When training data ends
Neither model specifies a knowledge cutoff date.
Unable to compare the recency of their training data.
Provider Availability
Mistral Large 4 is available from Mistral AI. Step-3.5-Flash is available from StepFun.
Mistral Large 4
Step-3.5-Flash
Outputs Comparison
Judge for yourself.
Run your own prompts against Mistral Large 4 and Step-3.5-Flash side-by-side, then vote on the output you prefer.
FAQ
Common questions about Mistral Large 4 vs Step-3.5-Flash.