Pricing · Mistral

Mistral Small 4

Mistral's mistral-small-2603, 256K tokens of context. Every number on this page was read off Mistral's own pricing page — never estimated, never recalled from memory.

How Mistral describes it

“Hybrid instruct and reasoning MoE; unifies Instruct, Magistral, and Devstral into one model with multimodal input.”

Pricing

Input $0.15 per 1M tokens
Output $0.60 per 1M tokens

At the calculator's starting volume, 1M input tokens and 200K output tokens with no cache hits, Mistral Small 4 costs $0.27: $0.15 for input and $0.12 for output, at the prices above. Same formula as the calculator; change the volume there.

Where this price sits

$0.15 per 1M input tokens is the 6th cheapest input price of the 67 current models with a verified price on this site, and the 2nd of Mistral's 9. Output costs 4.0× the input price.

Specifications

API model id mistral-small-2603
Provider Mistral
Context window 256K tokens
Status Current

Questions about Mistral Small 4 pricing

How much does Mistral Small 4 cost per million tokens?
$0.15 per 1M input tokens and $0.60 per 1M output tokens, read on Mistral's official pricing page on September 28, 2026.

Context window read on Mistral's model page (docs.mistral.ai/models/mistral-small-4-0-26-03) on 2026-09-30: 'Context 256k'. The page prints no maximum output.

Verified September 28, 2026 against Mistral's official pricing page. Confidence: confirmed. No price change recorded for this model. How the data is checked.

Other Mistral models with a verified price

Cheaper or equally priced alternatives

Current models with an input price at or below $0.15 per 1M tokens.