ZMIME
Comparison · 3 models · Updated Oct 4, 2026

GPT OSS 120B vs Mistral Small 3.2 vs Qwen3 235B-A22B Instruct 2507

Too close to call on our weighted score (GPT OSS 120B 61, Mistral Small 3.2 60, Qwen3 235B-A22B Instruct 2507 58). The right pick depends on what you value most.

  1. OpenAI

    GPT OSS 120B

    Released Aug 5, 2025

    61/100
    • ECI140.0
    • Price$0.15 / $0.60
    • Context131K
  2. Mistral AI

    Mistral Small 3.2

    Released Jun 20, 2025

    60/100
    • ECI131.7
    • Price$0.10 / $0.30
    • Context128K
  3. Alibaba (Qwen)

    Qwen3 235B-A22B Instruct 2507

    Released Jul 21, 2025

    58/100
    • ECI138.9
    • Price$0.15 / $0.75
    • Context262K
01 — Verdict

Too close to call

It is close. Our weighted score puts them within 2 points (GPT OSS 120B 61/100, Mistral Small 3.2 60/100, Qwen3 235B-A22B Instruct 2507 58/100), so choose by what matters most for your work: GPT OSS 120B for raw capability, Mistral Small 3.2 on price and Qwen3 235B-A22B Instruct 2507 for long inputs. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

  • CapabilityGPT OSS 120BCapabilities Index (ECI): GPT OSS 120B 140.0 · Qwen3 235B-A22B Instruct 2507 138.9 · Mistral Small 3.2 131.7
  • Lowest priceMistral Small 3.2Mistral Small 3.2 $0.15 · GPT OSS 120B $0.263 · Qwen3 235B-A22B Instruct 2507 $0.30 per 1M tokens (3:1 blend)
  • Longest contextQwen3 235B-A22B Instruct 2507Qwen3 235B-A22B Instruct 2507 262,144 · GPT OSS 120B 131,072 · Mistral Small 3.2 128,000 tokens
  • Widest inputsMistral Small 3.2GPT OSS 120B: Text · Mistral Small 3.2: Text, Images · Qwen3 235B-A22B Instruct 2507: Text
  • Self-hostingAll open weightsEvery model here can be downloaded and run on your own hardware
How the score is built
MeasureWeightGPT OSS 120BMistral Small 3.2Qwen3 235B-A22B Instruct 2507
CapabilityCapabilities Index (ECI)50%655564
Price25%778975
Inputs & features15%455025
Context window10%242437
Overall100%61/10060/10058/100
02 — Side by side

Every spec in one table

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

GPT OSS 120B vs Mistral Small 3.2 vs Qwen3 235B-A22B Instruct 2507 specifications side by side
SpecificationGPT OSS 120BOpenAIMistral Small 3.2Mistral AIQwen3 235B-A22B Instruct 2507Alibaba (Qwen)
Capability
Capabilities Index (ECI)140.0 (best)131.7138.9
ECI rank#99 of 148 (best)#123 of 148#105 of 148
GPQA DiamondGraduate-level science questions75.8% (best)49.1%—
OTIS Mock AIME 2024–2025Competition mathematics88.9% (best)30.3%—
Price per million tokens
Input$0.15$0.10 (best)$0.15
Output$0.60$0.30 (best)$0.75
Cached input———
Blended (3:1)$0.263$0.15 (best)$0.30
Long-context rateSame rateSame rateSame rate
Price sourceMedian of 36 providersOfficial Mistral APIMedian of 11 providers
Limits
Context window131,072 tokens128,000 tokens262,144 tokens (best)
Max output32,768 tokens (best)16,384 tokens16,384 tokens
Inputs and features
TextYesYesYes
ImagesNoYesNo
PDFsNoNoNo
AudioNoNoNo
VideoNoNoNo
ReasoningYesNoNo
Tool callingYesYesYes
Structured outputYesNoNo
Availability
WeightsOpenOpenOpenApache 2.0
API model ID—mistral-small-2506—
API providers39 (best)611
ReleasedAug 5, 2025Jun 20, 2025Jul 21, 2025
Knowledge cutoff—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.

  • GPT OSS 120B$2.70
  • Mistral Small 3.2$1.60
  • Qwen3 235B-A22B Instruct 2507$3.00
04 — Questions

Which should you choose?

Which is better: GPT OSS 120B, Mistral Small 3.2 or Qwen3 235B-A22B Instruct 2507?

It is close. Our weighted score puts them within 2 points (GPT OSS 120B 61/100, Mistral Small 3.2 60/100, Qwen3 235B-A22B Instruct 2507 58/100), so choose by what matters most for your work: GPT OSS 120B for raw capability, Mistral Small 3.2 on price and Qwen3 235B-A22B Instruct 2507 for long inputs. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

Which is cheaper, GPT OSS 120B, Mistral Small 3.2 or Qwen3 235B-A22B Instruct 2507?

Mistral Small 3.2 is cheaper at $0.10 input / $0.30 output per million tokens (official Mistral API price). GPT OSS 120B costs $0.15 input / $0.60 output per million tokens (median across 36 API providers); Qwen3 235B-A22B Instruct 2507 costs $0.15 input / $0.75 output per million tokens (median across 11 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 $0.263 for GPT OSS 120B (1.8× as much) and $0.30 for Qwen3 235B-A22B Instruct 2507 (2× as much).

Which scores higher on benchmarks?

GPT OSS 120B scores higher on the Capabilities Index (ECI): GPT OSS 120B 140.0 (#99 of 148), Qwen3 235B-A22B Instruct 2507 138.9 (#105 of 148) and Mistral Small 3.2 131.7 (#123 of 148). The confidence ranges of the top two overlap (135.3–142.3 vs 135.8–140.6), so treat the gap as small.

Which is better for coding?

There are no published SWE-bench Verified results for GPT OSS 120B, Mistral Small 3.2 and Qwen3 235B-A22B Instruct 2507 yet, so there is no like-for-like coding score. On overall capability, GPT OSS 120B 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?

Qwen3 235B-A22B Instruct 2507 has the largest context window at 262,144 tokens, against 131,072 for GPT OSS 120B and 128,000 for Mistral Small 3.2. Maximum output per response: GPT OSS 120B up to 32,768, Mistral Small 3.2 up to 16,384, Qwen3 235B-A22B Instruct 2507 up to 16,384 tokens.

Which can read images, PDFs, audio or video?

GPT OSS 120B accepts text; Mistral Small 3.2 accepts text and images; Qwen3 235B-A22B Instruct 2507 accepts text. Mistral Small 3.2 handles the widest range of inputs.

Are any of these open source?

Yes, all three publish their weights (Apache 2.0), so you can self-host them.

Which is newer?

GPT OSS 120B is the newest, released Aug 5, 2025. Qwen3 235B-A22B Instruct 2507 came out Jul 21, 2025; Mistral Small 3.2 came out Jun 20, 2025. Knowledge cutoff: 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.