ZMIME
Comparison · 3 models · Updated Oct 4, 2026

Mistral Small 3.2 vs Grok 4.1 Fast vs Gemini 2.5 Flash-Lite

Gemini 2.5 Flash-Lite comes out ahead, 85 to 71 and 64 on our weighted score, though Mistral Small 3.2 is 14% cheaper per token.

  1. Mistral AI

    Mistral Small 3.2

    Released Jun 20, 2025

    64/100
    • ECI131.7
    • Price$0.10 / $0.30
    • Context128K
  2. xAI

    Grok 4.1 Fast

    Released Nov 19, 2025

    71/100
    • ECI—
    • Price$0.20 / $0.50
    • Context2M
  3. Our pick

    Google

    Gemini 2.5 Flash-Lite

    Released Jun 17, 2025

    85/100
    • ECI133.9
    • Price$0.10 / $0.40
    • Context1.05M
01 — Verdict

Gemini 2.5 Flash-Lite is our pick

Gemini 2.5 Flash-Lite is the better all-round choice, scoring 85/100 against Grok 4.1 Fast (71) and Mistral Small 3.2 (64). It leads on inputs & features. Mistral Small 3.2 wins on price. Grok 4.1 Fast wins on context window. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

  • CapabilityNot enough dataNo independent benchmark covers every model here yet
  • Lowest priceMistral Small 3.2Mistral Small 3.2 $0.15 · Gemini 2.5 Flash-Lite $0.175 · Grok 4.1 Fast $0.275 per 1M tokens (3:1 blend)
  • Longest contextGrok 4.1 FastGrok 4.1 Fast 2,000,000 · Gemini 2.5 Flash-Lite 1,048,576 · Mistral Small 3.2 128,000 tokens
  • Widest inputsGemini 2.5 Flash-LiteMistral Small 3.2: Text, Images · Grok 4.1 Fast: Text, Images · Gemini 2.5 Flash-Lite: Text, Images, PDFs, Audio, Video
  • Self-hostingMistral Small 3.2Publishes downloadable weights
How the score is built
MeasureWeightMistral Small 3.2Grok 4.1 FastGemini 2.5 Flash-Lite
Price50%897686
Inputs & features30%5060100
Context window20%247261
Overall100%64/10071/10085/100

Left out because at least one model lacks the data: capability. The remaining weights were rescaled.

02 — Side by side

Every spec in one table

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

Mistral Small 3.2 vs Grok 4.1 Fast vs Gemini 2.5 Flash-Lite specifications side by side
SpecificationMistral Small 3.2Mistral AIGrok 4.1 FastxAIGemini 2.5 Flash-LiteGoogle
Capability
Capabilities Index (ECI)131.7—133.9 (best)
ECI rank#123 of 148—#118 of 148 (best)
GPQA DiamondGraduate-level science questions49.1%——
OTIS Mock AIME 2024–2025Competition mathematics30.3%——
Price per million tokens
Input$0.10 (best)$0.20$0.10 (best)
Output$0.30 (best)$0.50$0.40
Cached input——$0.01
Blended (3:1)$0.15 (best)$0.275$0.175
Long-context rateSame rateSame rateSame rate
Price sourceOfficial Mistral APIMedian of 2 providersOfficial Google API
Limits
Context window128,000 tokens2,000,000 tokens (best)1,048,576 tokens
Max output16,384 tokens30,000 tokens65,536 tokens (best)
Inputs and features
TextYesYesYes
ImagesYesYesYes
PDFsNoNoYes
AudioNoNoYes
VideoNoNoYes
ReasoningNoNoYes
Tool callingYesYesYes
Structured outputNoYesYes
Availability
WeightsOpenProprietaryProprietary
API model IDmistral-small-2506—gemini-2.5-flash-lite
API providers6220 (best)
ReleasedJun 20, 2025Nov 19, 2025Jun 17, 2025
Knowledge cutoffMar 2025—Jan 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.

  • Mistral Small 3.2$1.60
  • Grok 4.1 Fast$3.00
  • Gemini 2.5 Flash-Lite$1.80
04 — Questions

Which should you choose?

Which is better: Mistral Small 3.2, Grok 4.1 Fast or Gemini 2.5 Flash-Lite?

Gemini 2.5 Flash-Lite is the better all-round choice, scoring 85/100 against Grok 4.1 Fast (71) and Mistral Small 3.2 (64). It leads on inputs & features. Mistral Small 3.2 wins on price. Grok 4.1 Fast wins on context window. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

Which is cheaper, Mistral Small 3.2, Grok 4.1 Fast or Gemini 2.5 Flash-Lite?

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); Grok 4.1 Fast costs $0.20 input / $0.50 output per million tokens (median across 2 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 $0.275 for Grok 4.1 Fast (1.8× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers all three models yet. Mistral Small 3.2 has an ECI of 131.7, Grok 4.1 Fast has not been scored yet and Gemini 2.5 Flash-Lite has an ECI of 133.9.

Which is better for coding?

There are no published SWE-bench Verified results for Mistral Small 3.2, Grok 4.1 Fast and Gemini 2.5 Flash-Lite yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. All three support tool calling for agent workflows.

Which has the bigger context window?

Grok 4.1 Fast has the largest context window at 2,000,000 tokens, against 1,048,576 for Gemini 2.5 Flash-Lite and 128,000 for Mistral Small 3.2. Maximum output per response: Mistral Small 3.2 up to 16,384, Grok 4.1 Fast up to 30,000, Gemini 2.5 Flash-Lite up to 65,536 tokens.

Which can read images, PDFs, audio or video?

Mistral Small 3.2 accepts text and images; Grok 4.1 Fast accepts text and images; Gemini 2.5 Flash-Lite accepts text, images, PDFs, audio and video. Gemini 2.5 Flash-Lite handles the widest range of inputs.

Are any of these open source?

Mistral Small 3.2 publishes its weights and can be self-hosted; Grok 4.1 Fast and Gemini 2.5 Flash-Lite is proprietary.

Which is newer?

Grok 4.1 Fast is the newest, released Nov 19, 2025. Mistral Small 3.2 came out Jun 20, 2025; Gemini 2.5 Flash-Lite came out Jun 17, 2025. Knowledge cutoff: Mistral Small 3.2 Mar 2025, Gemini 2.5 Flash-Lite Jan 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.