Developers who want one cheap, open model for reasoning, images and coding agents should start here rather than juggling three.

Kenning's take

What it does

Mistral Small 4 merges what Mistral used to split across separate models for reasoning, image input and coding agents into one model. It has 119B total parameters with about 6B active per token, a 256k context window, and a setting to turn deeper reasoning on or off. It is released under Apache 2.0, with the weights open for download, and is available through the Mistral API.

  • 119B total parameters, about 6B active per token
  • Configurable reasoning effort
  • Text and image input
  • 256k context window
  • Apache 2.0 licence
  • Runs on vLLM, llama.cpp, SGLang and Transformers

Who it suits. Developers and businesses who want one efficient open model for chat, coding agents and document work.

Key facts

Category
AI models
Made by
Mistral AI
Based in
France
Released
16 March 2026
How to get it
through the Mistral API in Mistral Studio, and as open weights for self-hosting
Works on
API, self-hosted
In the UK
Yes
Free plan
open weights are free under Apache 2.0
API price
$0.15 per million input tokens, $0.60 per million output

FAQ

When was Mistral Small 4 released?

Mistral announced Mistral Small 4 on 16 March 2026.

Is Mistral Small 4 open source?

Yes. It is released under the Apache 2.0 licence.

How much does Mistral Small 4 cost in the API?

$0.15 per million input tokens and $0.60 per million output tokens.

Facts from the maker's own pages and the sources listed. Checked 2026-10-11.