Model comparison

Mercury 2 vs Mistral Small

Mercury 2 is the stronger model overall, scoring 38.8 to 33.1 on the Noometry Index.

Last verified . 15 shared benchmarks.

Mercury 2 Inception

38.8

Rank #167 Confirmed

Mistral Small Mistral AI

33.1

Rank #238 Confirmed

Summary

  • They share 15 benchmarks with published results for both. Mercury 2 scores higher in 6 categories and Mistral Small in 1 category; 5 gaps are clear of the uncertainty.
  • The widest gap is in knowledge, where Mercury 2 leads 35.6 to 30.9.
  • The biggest single-benchmark swing is SciCode: 38.7% for Mercury 2 and 26.5% for Mistral Small.
  • Mistral Small is cheaper at $0.15 / $0.60 per million input/output tokens, against $0.25 / $0.75 for Mercury 2.
  • Mistral Small accepts more context: 256K tokens versus 128K.
  • Mistral Small has downloadable open weights; the other is API-only.

Side by side

Mercury 2 and Mistral Small specifications
Mercury 2Mistral Small
ProviderInceptionMistral AI
Noometry Index38.833.1
Released2026-02-202024-02-26
WeightsProprietaryOpen
Context window128K256K
Max output50K256K
Input $ / M tokens$0.25$0.15
Output $ / M tokens$0.75$0.60
Results tracked1739

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Category by category

Coding Too close to call

Mercury 2: 33.2 (#250), Mistral Small: 33.5 (#242)

Coding benchmarks
BenchmarkMercury 2Mistral Small
SciCode38.7%26.5%
LMArena Coding13911363
ALE-Bench785.58497.62
LMArena WebDev1170—
WeirdML43.2%—
BigCodeBench Instruct—36.1%
LiveBench Coding—36.2%
BigCodeBench Complete—46.6%

Agentic & Tool Use Not comparable

Mercury 2: —, Mistral Small: 27.9 (#87)

Agentic & Tool Use benchmarks
BenchmarkMercury 2Mistral Small
Berkeley Function Calling Leaderboard—37.1%

Reasoning Mercury 2 leads

Mercury 2: 23.0 (#170), Mistral Small: 19.3 (#238)

Reasoning benchmarks
BenchmarkMercury 2Mistral Small
CritPt0.8%0%
LMArena Hard Prompts13621336
Kagi LLM Benchmark—37.8%
LiveBench Reasoning—44.8%
DTBench—70.9%
LiveBench Data Analysis—53.7%
LMCA—20.6%
LiveBench—44%

Math Not comparable

Mercury 2: —, Mistral Small: 15.4 (#287)

Math benchmarks
BenchmarkMercury 2Mistral Small
OTIS Mock AIME 2024-2025—5.8%
LiveBench Math—39.9%
LMArena Math—1341
MATH Level 5—46.8%

Knowledge Mercury 2 leads

Mercury 2: 35.6 (#170), Mistral Small: 30.9 (#214)

Knowledge benchmarks
BenchmarkMercury 2Mistral Small
Vectara Hallucination Rate12.3%5.1%
LMArena Expert13581293
GPQA Diamond—47.5%
MMLU—68.7%

Multimodal Not comparable

Mercury 2: —, Mistral Small: 32.9 (#91)

Multimodal benchmarks
BenchmarkMercury 2Mistral Small
LMArena Vision—1142

Multilingual Mercury 2 leads

Mercury 2: 46.8 (#153), Mistral Small: 45.7 (#164)

Multilingual benchmarks
BenchmarkMercury 2Mistral Small
LMArena Non-English13311315
LMArena Chinese14161342
LMArena Russian13031324
LMArena French—1337
LMArena German—1341
LMArena Japanese—1275
LMArena Korean—1260
LMArena Spanish—1346

Instruction Following Mercury 2 leads

Mercury 2: 70.4 (#161), Mistral Small: 66.6 (#204)

Instruction Following benchmarks
BenchmarkMercury 2Mistral Small
LMArena Instruction Following13281310
LiveBench Instruction Following—63.7%

Long Context Too close to call

Mercury 2: 40.4 (#149), Mistral Small: 40.4 (#151)

Long Context benchmarks
BenchmarkMercury 2Mistral Small
LMArena Longer Query13291327

Writing & Preference Mercury 2 leads

Mercury 2: 54.0 (#151), Mistral Small: 52.6 (#165)

Writing & Preference benchmarks
BenchmarkMercury 2Mistral Small
LMArena Text13551338
LMArena Creative Writing12891304
LMArena Multi-Turn13581344
LiveBench Language—30.5%

Frequently asked questions

Is Mercury 2 better than Mistral Small?

Mercury 2 is the stronger model overall, scoring 38.8 to 33.1 on the Noometry Index.

Which is cheaper, Mercury 2 or Mistral Small?

Mistral Small is cheaper. It lists at $0.15 per million input tokens and $0.60 per million output tokens; Mercury 2 lists at $0.25 and $0.75.

Is Mercury 2 or Mistral Small better for coding?

They score almost the same on coding (33.2 vs 33.5); test both on your own repository before choosing.

Which has the bigger context window?

Mistral Small does, with 256K tokens against 128K.

How many benchmarks do Mercury 2 and Mistral Small share?

15 benchmarks have published results for both models. Mercury 2 has 17 scored results on Noometry and Mistral Small has 39.

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