Home ModelsMistral: Mistral Medium 3

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Mistral: Mistral Medium 3

The most capable budget model Mistral has shipped — a smart default for high-volume teams that need real performance without flagship pricing.

Coding

Writing

Research

Images

Value

Long Context

Use this when

Cost-conscious teams running high-volume coding, summarization, or multilingual tasks at enterprise scale.

Skip this if

You need multimodal inputs, cutting-edge reasoning for complex agentic tasks, or the absolute best instruction-following quality available.

Pricing

$0.40/1M in

$2.00/1M out

↓73%since May 2026

Context

131k tokens

Speed

Fast

Priced at $0.40 input / $2.00 output per 1M tokens. Officially supersedes Mistral Large 2, making it an easy drop-in upgrade for existing Mistral users. Available via Mistral's API and La Plateforme.

How to access

API

$0.39999999999999997/1M input tokens

Subscription = chat interface. API = build with it. Compare all subscription plans

Switch to instead if...

Best overall

Claude Fable 5

Cheaper option

Mistral: Mistral Nemo

Faster option

Mistral: Mistral Large 3 2512

Strengths

Exceptional price-to-performance ratio — outperforms Mistral Large 2 at roughly 80% less cost

Strong multilingual support, particularly for European languages like French, Spanish, German, and Italian

Solid coding assistance for Python, JavaScript, and SQL at a budget-friendly price point

128K context window handles most real-world document and codebase tasks without chunking

Weaknesses

Falls short of GPT-4.1 and Claude Sonnet 4 on complex multi-step reasoning and instruction following

No native image or multimodal input support, limiting use in vision-heavy workflows

Less consistent than top-tier models on nuanced long-form writing or high-stakes research synthesis

Real-world use cases

What people actually use Mistral: Mistral Medium 3 for.

Generating and reviewing Python or SQL code in a CI/CD pipeline at scale

Summarizing long legal or financial documents within a 128K context window

Building multilingual customer support automation for European markets

Price History

Mistral: Mistral Medium 3 pricing over time

↓73% since May 9

88 data points · tracked daily since May 9, 2026

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Start using Mistral: Mistral Medium 3

Cost-conscious teams running high-volume coding, summarization, or multilingual tasks at enterprise scale.. Start free — no card required.

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Recommendations are made independently based on real-world use and public benchmarks. See our disclosures for details.

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MistralBudget

Mistral: Mistral Large 3 2512

Mistral Large 3 2512 is Mistral's flagship dense model updated in December 2025, offering strong multilingual reasoning and coding capabilities at a significantly reduced price point compared to its predecessor. It targets enterprise workloads that need high-quality outputs without paying top-tier frontier model prices.

Verdict

The best price-per-quality ratio in the non-mini flagship tier, especially for multilingual and long-context enterprise tasks.

Quality score

69%

Pricing

$0.50/1M in

$1.50/1M out

Speed

Balanced

Best for multilingual enterprise tasks, code generation, and long-document analysis where cost efficiency matters more than absolute state-of-the-art performance.

Context

262k tokens

Pricing of $0.50 input / $1.50 output per 1M tokens places it firmly in the budget-flagship category. Available via Mistral API (La Plateforme) and major cloud providers. December 2025 update ('2512') improves instruction following over the earlier 2407 release.

Budget flagshipMultilingualLong contextEnterpriseCode

Best for

Multilingual enterprise tasks, code generation, and long-document analysis where cost efficiency matters more than absolute state-of-the-art performance.

Mistral: Mistral Medium 3

Strengths

Weaknesses

Real-world use cases

Mistral: Mistral Medium 3 pricing over time

Start using Mistral: Mistral Medium 3

Compare alternatives

Mistral: Mistral Large 3 2512

Mistral: Mistral Medium 3.1

Mistral: Mistral Small 4

Change history

Mistral: Mistral Medium 3 — output price cut

Mistral: Mistral Medium 3 — input price cut

Mistral: Mistral Medium 3 — output price increase

Mistral: Mistral Medium 3 — input price increase

Mistral: Mistral Medium 3 — output price cut

Mistral: Mistral Medium 3 — input price cut

Mistral: Mistral Medium 3 — input price increase

Mistral: Mistral Medium 3 — output price increase

Mistral: Mistral Medium 3 — input price cut

Mistral: Mistral Medium 3 — output price cut

Mistral: Mistral Medium 3 — output price increase

Mistral: Mistral Medium 3 — input price increase

Mistral: Mistral Medium 3 — output price cut

Mistral: Mistral Medium 3 — input price cut

Mistral: Mistral Medium 3 — output price increase

Mistral: Mistral Medium 3 — input price increase

Mistral: Mistral Medium 3 — input price cut

Mistral: Mistral Medium 3 — output price cut

Mistral: Mistral Medium 3 — output price increase

Mistral: Mistral Medium 3 — input price increase

Mistral: Mistral Medium 3 — input price cut

Mistral: Mistral Medium 3 — output price cut

Mistral: Mistral Medium 3 — output price increase

Mistral: Mistral Medium 3 — input price increase

Mistral: Mistral Medium 3 — input price cut

Mistral: Mistral Medium 3 — output price cut

Mistral: Mistral Medium 3 — output price increase

Mistral: Mistral Medium 3 — input price increase

Mistral: Mistral Medium 3 — input price cut

Mistral: Mistral Medium 3 — output price cut

Mistral: Mistral Medium 3 — output price increase

Mistral: Mistral Medium 3 — input price increase

Mistral: Mistral Medium 3 — output price cut

Mistral: Mistral Medium 3 — input price cut

Mistral: Mistral Medium 3 — output price increase

Mistral: Mistral Medium 3 — input price increase

Mistral: Mistral Medium 3 — output price cut

Mistral: Mistral Medium 3 — input price cut

Mistral: Mistral Medium 3 — output price increase

Mistral: Mistral Medium 3 — input price increase

Mistral: Mistral Medium 3 — input price cut

Mistral: Mistral Medium 3 — output price cut

Mistral: Mistral Medium 3 — output price increase

Mistral: Mistral Medium 3 — input price increase

Mistral: Mistral Medium 3 — input price cut

Mistral: Mistral Medium 3 — output price cut

Mistral: Mistral Medium 3 — output price increase

Mistral: Mistral Medium 3 — input price increase

Mistral: Mistral Medium 3 — output price cut

Mistral: Mistral Medium 3 — input price cut

Mistral: Mistral Medium 3 — output price increase

Mistral: Mistral Medium 3 — input price increase

Mistral: Mistral Medium 3 — input price cut

Mistral: Mistral Medium 3 — output price cut

Mistral: Mistral Medium 3 — output price increase

Mistral: Mistral Medium 3 — input price increase

Mistral: Mistral Medium 3 — output price cut

Mistral: Mistral Medium 3 — input price cut

Mistral: Mistral Medium 3 — output price increase

Mistral: Mistral Medium 3 — input price increase

Mistral: Mistral Medium 3 — output price cut

Mistral: Mistral Medium 3 — input price cut

Mistral: Mistral Medium 3 — output price increase

Mistral: Mistral Medium 3 — input price increase

Mistral: Mistral Medium 3 — output price cut

Mistral: Mistral Medium 3 — input price cut

Mistral: Mistral Medium 3 — input price increase

Mistral: Mistral Medium 3 — output price increase

Mistral: Mistral Medium 3 — output price cut