GPT-5.2 vs Mistral Small 3.2 24B
In our testing GPT-5.2 is the better pick for high-stakes, long-context, or reasoning-heavy workloads—winning 9 of 12 benchmarks. Mistral Small 3.2 24B does not win any benchmark here but is the clear cost-efficient choice for high-volume, lower-complexity tasks.
openai
GPT-5.2
Benchmark Scores
External Benchmarks
Pricing
Input
$1.75/MTok
Output
$14.00/MTok
modelpicker.net
mistral
Mistral Small 3.2 24B
Benchmark Scores
External Benchmarks
Pricing
Input
$0.075/MTok
Output
$0.200/MTok
modelpicker.net
Benchmark Analysis
Across our 12-test suite GPT-5.2 wins 9 benchmarks, ties 3, and Mistral Small 3.2 24B wins none. Detailed comparisons (scores are our 1–5 internal ratings unless otherwise noted):
- Strategic analysis: GPT-5.2 5 vs Mistral 2 — GPT-5.2 tied for 1st of 54 (top-tier for nuanced tradeoffs). This matters for financial models, pricing engines, and optimization tasks.
- Creative problem solving: GPT-5.2 5 vs Mistral 2 — GPT-5.2 tied for 1st of 54 (better at non-obvious, feasible ideas).
- Faithfulness: GPT-5.2 5 vs Mistral 4 — GPT-5.2 tied for 1st of 55 (less hallucination risk in our tests). Important for summarization and citation-sensitive outputs.
- Classification: GPT-5.2 4 vs Mistral 3 — GPT-5.2 tied for 1st of 53 (more reliable routing and tagging).
- Long context: GPT-5.2 5 vs Mistral 4 — GPT-5.2 tied for 1st of 55; Mistral ranks 38 of 55. GPT-5.2 is markedly better on 30k+ token retrieval tasks.
- Safety calibration: GPT-5.2 5 vs Mistral 1 — GPT-5.2 tied for 1st of 55 (safer refusal/allow behavior in our tests).
- Persona consistency & agentic planning: GPT-5.2 scores 5/5 on both vs Mistral 3/4 — GPT-5.2 tied for 1st on persona and agentic planning (helpful for assistants and multi-step agents).
- Multilingual: GPT-5.2 5 vs Mistral 4 — GPT-5.2 tied for 1st of 55 (better non-English parity in our tests).
- Ties: structured output (both 4), constrained rewriting (both 4), tool calling (both 4) — for JSON schema compliance and basic function selection both models perform similarly in our suite. Supplementary external benchmarks: GPT-5.2 scores 73.8% on SWE-bench Verified and 96.1% on AIME 2025 according to Epoch AI; Mistral Small 3.2 24B has no external scores in the payload. These external results support GPT-5.2’s strength on coding and high-difficulty math in third-party measures. Overall, GPT-5.2 is the higher-performing model for complex reasoning, long context, and safety-sensitive tasks; Mistral is competent on many structured and tool workflows but scores lower on core reasoning benchmarks.
Pricing Analysis
The payload prices are: GPT-5.2 input $1.75/mtok and output $14/mtok; Mistral Small 3.2 24B input $0.075/mtok and output $0.20/mtok. Using a 50/50 input/output token split as a baseline: per 1M total tokens GPT-5.2 costs about $7,875 (500k input = $875; 500k output = $7,000). Mistral costs about $137.50 per 1M total tokens (500k input = $37.50; 500k output = $100). At scale that gap grows linearly: ~ $78,750 vs $1,375 for 10M tokens, and ~ $787,500 vs $13,750 for 100M tokens. The payload also reports a priceRatio of 70 (GPT-5.2 ≈70× more expensive). Who should care: startups and products with sustained multi‑million token volumes will see immediate budget impact and should consider Mistral for cost control; teams needing top-tier reasoning, safety, and long-context performance may justify GPT-5.2’s much higher cost.
Real-World Cost Comparison
Bottom Line
Choose GPT-5.2 if you need best-in-benchmark reasoning, safety, and long-context performance (examples: complex financial/medical analysis, multi-step agents, long-document summarization, competitive math/coding tasks). GPT-5.2 wins 9 of 12 benchmarks and posts strong external results (AIME 96.1%, SWE-bench 73.8% per Epoch AI). Choose Mistral Small 3.2 24B if you must minimize inference spend at scale and can accept lower reasoning headroom — it costs roughly $137.50 per 1M tokens (50/50 split) vs GPT-5.2’s ~$7,875 per 1M. Mistral is a practical choice for high-volume chat, lightweight instruction following, or when cost per token is the primary constraint.
How We Test
We test every model against our 12-benchmark suite covering tool calling, agentic planning, creative problem solving, safety calibration, and more. Each test is scored 1–5 by an LLM judge. Read our full methodology.