Model Comparison
Mistral Small vs o1-miniWhich is better in 2026?
Comparing Mistral Small and o1-mini across benchmarks, pricing, and capabilities.
Verdict: Mistral Small vs o1-mini — which is better?
Mistral Small (by Mistral AI) and o1-mini (by OpenAI) are two of the AI models people compare most. Here is how they stack up on benchmarks, price and capabilities, and which one to pick in 2026.
On price, Mistral Small is roughly 17.5x cheaper per token on a blended 3:1 input/output basis, which adds up quickly at production volume.
o1-mini also accepts a larger context window (128,000 input tokens), making it the stronger choice for long documents and large codebases.
Choose Mistral Small if…
- cost matters — it's about 17.5x cheaper per token
- you want the most recent training data — it shipped Sep 2024
- you need open weights you can self-host or fine-tune
Choose o1-mini if…
- you process long inputs — it offers a 128,000 token context window
Performance Benchmarks
Comparative analysis across standard metrics
Mistral Small and o1-minidon't have any common benchmark datasets to compare. They may have been evaluated on different testing suites.
Arena Performance
Human preference votes
Pricing Analysis
Price comparison per million tokens
For input processing, Mistral Small ($0.20/1M tokens) is 15.0x cheaper than o1-mini ($3.00/1M tokens).
For output processing, Mistral Small ($0.60/1M tokens) is 20.0x cheaper than o1-mini ($12.00/1M tokens).
In conclusion, o1-mini is more expensive than Mistral Small.*
* Using a 3:1 ratio of input to output tokens
Context Window
Maximum input and output token capacity
o1-mini accepts 128,000 input tokens compared to Mistral Small's 32,768 tokens. o1-mini can generate longer responses up to 65,536 tokens, while Mistral Small is limited to 32,768 tokens.
License
Usage and distribution terms
Mistral Small is licensed under Mistral Research License, while o1-mini uses a proprietary license.
License differences may affect how you can use these models in commercial or open-source projects.
Mistral Research License
Open weights
Proprietary
Closed source
Release Timeline
When each model was launched
Mistral Small was released on 2024-09-17, while o1-mini was released on 2024-09-12.
Mistral Small is 0 month newer than o1-mini.
Sep 17, 2024
1.7 years ago
5d newerSep 12, 2024
1.7 years 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 Small is available from Mistral AI. o1-mini is available from OpenAI, Azure.
Mistral Small
o1-mini
Outputs Comparison
Key Takeaways
Mistral Small
View detailsMistral AI
o1-mini
View detailsOpenAI
Detailed Comparison
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FAQ
Common questions about Mistral Small vs o1-mini.