ZMIME
Comparison · 3 models · Updated Oct 4, 2026

Gemini 2.5 Flash-Lite vs DeepSeek V3 0324 vs Mistral Small 3.2

Gemini 2.5 Flash-Lite comes out ahead, 71 to 60 and 54 on our weighted score, though Mistral Small 3.2 is 14% cheaper per token.

  1. Our pick

    Google

    Gemini 2.5 Flash-Lite

    Released Jun 17, 2025

    71/100
    • ECI133.9
    • Price$0.10 / $0.40
    • Context1.05M
    Full specs Remove Gemini 2.5 Flash-Lite

  2. DeepSeek

    DeepSeek V3 0324

    Released Mar 24, 2025

    54/100
    • ECI135.9
    • Price$0.24 / $0.90
    • Context164K
    Full specs Remove DeepSeek V3 0324

  3. Mistral AI

    Mistral Small 3.2

    Released Jun 20, 2025

    60/100
    • ECI131.7
    • Price$0.10 / $0.30
    • Context128K
    Full specs Remove Mistral Small 3.2
01 — Verdict

Gemini 2.5 Flash-Lite is our pick

Gemini 2.5 Flash-Lite is the better all-round choice, scoring 71/100 against Mistral Small 3.2 (60) and DeepSeek V3 0324 (54). It leads on inputs & features and context window. DeepSeek V3 0324 wins on capability. Mistral Small 3.2 wins on price. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

  • CapabilityDeepSeek V3 0324Capabilities Index (ECI): DeepSeek V3 0324 135.9 · Gemini 2.5 Flash-Lite 133.9 · Mistral Small 3.2 131.7
  • Lowest priceMistral Small 3.2Mistral Small 3.2 $0.15 · Gemini 2.5 Flash-Lite $0.175 · DeepSeek V3 0324 $0.405 per 1M tokens (3:1 blend)
  • Longest contextGemini 2.5 Flash-LiteGemini 2.5 Flash-Lite 1,048,576 · DeepSeek V3 0324 163,840 · Mistral Small 3.2 128,000 tokens
  • Widest inputsGemini 2.5 Flash-LiteGemini 2.5 Flash-Lite: Text, Images, PDFs, Audio, Video · DeepSeek V3 0324: Text · Mistral Small 3.2: Text, Images
  • Self-hostingDeepSeek V3 0324 and Mistral Small 3.2Publishes downloadable weights
How the score is built
MeasureWeightGemini 2.5 Flash-LiteDeepSeek V3 0324Mistral Small 3.2
CapabilityCapabilities Index (ECI)50%586055
Price25%866889
Inputs & features15%1002550
Context window10%612824
Overall100%71/10054/10060/100
02 — Side by side

Every spec in one table

Highlighted cells lead their row. Dashes mean the data is not published.

Gemini 2.5 Flash-Lite vs DeepSeek V3 0324 vs Mistral Small 3.2 specifications side by side
SpecificationGemini 2.5 Flash-LiteGoogleDeepSeek V3 0324DeepSeekMistral Small 3.2Mistral AI
Capability
Capabilities Index (ECI)133.9135.9 (best)131.7
ECI rank#118 of 148#114 of 148 (best)#123 of 148
GPQA DiamondGraduate-level science questions—67.6% (best)49.1%
OTIS Mock AIME 2024–2025Competition mathematics—37.8% (best)30.3%
Price per million tokens
Input$0.10 (best)$0.24$0.10 (best)
Output$0.40$0.90$0.30 (best)
Cached input$0.01——
Blended (3:1)$0.175$0.405$0.15 (best)
Long-context rateSame rateSame rateSame rate
Price sourceOfficial Google APIMedian of 5 providersOfficial Mistral API
Limits
Context window1,048,576 tokens (best)163,840 tokens128,000 tokens
Max output65,536 tokens163,840 tokens (best)16,384 tokens
Inputs and features
TextYesYesYes
ImagesYesNoYes
PDFsYesNoNo
AudioYesNoNo
VideoYesNoNo
ReasoningYesNoNo
Tool callingYesYesYes
Structured outputYesNoNo
Availability
WeightsProprietaryOpenOpen
API model IDgemini-2.5-flash-lite—mistral-small-2506
API providers20 (best)56
ReleasedJun 17, 2025Mar 24, 2025Jun 20, 2025
Knowledge cutoffJan 2025—Mar 2025
03 — Cost

What would a month cost?

Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.

  • Gemini 2.5 Flash-Lite$1.80
  • DeepSeek V3 0324$4.20
  • Mistral Small 3.2$1.60
04 — Questions

Which should you choose?

Which is better: Gemini 2.5 Flash-Lite, DeepSeek V3 0324 or Mistral Small 3.2?

Gemini 2.5 Flash-Lite is the better all-round choice, scoring 71/100 against Mistral Small 3.2 (60) and DeepSeek V3 0324 (54). It leads on inputs & features and context window. DeepSeek V3 0324 wins on capability. Mistral Small 3.2 wins on price. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

Which is cheaper, Gemini 2.5 Flash-Lite, DeepSeek V3 0324 or Mistral Small 3.2?

Mistral Small 3.2 is cheaper at $0.10 input / $0.30 output per million tokens (official Mistral API price). Gemini 2.5 Flash-Lite costs $0.10 input / $0.40 output per million tokens (official Google API price); DeepSeek V3 0324 costs $0.24 input / $0.90 output per million tokens (median across 5 API providers). At a typical mix of three input tokens to one output token, that is $0.15 per million tokens for Mistral Small 3.2 versus $0.175 for Gemini 2.5 Flash-Lite (1.2× as much) and $0.405 for DeepSeek V3 0324 (2.7× as much).

Which scores higher on benchmarks?

DeepSeek V3 0324 scores higher on the Capabilities Index (ECI): DeepSeek V3 0324 135.9 (#114 of 148), Gemini 2.5 Flash-Lite 133.9 (#118 of 148) and Mistral Small 3.2 131.7 (#123 of 148). The confidence ranges of the top two overlap (132.4–138.0 vs 129.8–136.3), so treat the gap as small.

Which is better for coding?

There are no published SWE-bench Verified results for Gemini 2.5 Flash-Lite, DeepSeek V3 0324 and Mistral Small 3.2 yet, so there is no like-for-like coding score. On overall capability, DeepSeek V3 0324 leads, which tends to carry over to coding, but test on your own codebase. All three support tool calling for agent workflows.

Which has the bigger context window?

Gemini 2.5 Flash-Lite has the largest context window at 1,048,576 tokens, against 163,840 for DeepSeek V3 0324 and 128,000 for Mistral Small 3.2. Maximum output per response: Gemini 2.5 Flash-Lite up to 65,536, DeepSeek V3 0324 up to 163,840, Mistral Small 3.2 up to 16,384 tokens.

Which can read images, PDFs, audio or video?

Gemini 2.5 Flash-Lite accepts text, images, PDFs, audio and video; DeepSeek V3 0324 accepts text; Mistral Small 3.2 accepts text and images. Gemini 2.5 Flash-Lite handles the widest range of inputs.

Are any of these open source?

DeepSeek V3 0324 and Mistral Small 3.2 publishes its weights and can be self-hosted; Gemini 2.5 Flash-Lite is proprietary.

Which is newer?

Mistral Small 3.2 is the newest, released Jun 20, 2025. Gemini 2.5 Flash-Lite came out Jun 17, 2025; DeepSeek V3 0324 came out Mar 24, 2025. Knowledge cutoff: Gemini 2.5 Flash-Lite Jan 2025, Mistral Small 3.2 Mar 2025.

How do you decide the winner?

Each model gets a 0–100 score on capability (50%, independent benchmark results); price (25%, blended price per million tokens (3 input : 1 output), log scale); inputs & features (15%, image, PDF, audio and video input, tool calling, structured output and reasoning); context window (10%, maximum tokens per request, log scale). Dimensions missing for any model are dropped and the remaining weights rescaled, so every model is judged on the same evidence. Specs and prices come from public model listings and the labs’ own API pages; capability scores come from independent benchmark runs. Data updated Oct 4, 2026.

05 — Keep comparing

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