Deepseek V3.2 ThinkingvsMistral Small 2506

Deepseek V3.2 Thinking leads the overall Podium Score by 3.0 points (71.0 vs 68.0).Category wins: Deepseek V3.2 Thinking 0 — 0 Mistral Small 2506.Deepseek V3.2 Thinking is the cheaper pick ($1.1/M vs $6/M per 1M output tokens). Deepseek V3.2 Thinking is faster (50 t/s vs 50 t/s).

Key VerdictAggregated 2026 Benchmark Analysis

Deepseek V3.2 Thinking is rated higher overall with a Podium Score of 71.0 (vs 68.0 for Mistral Small 2506). Both models show closely matched capabilities across domain benchmarks.

Coding & Engineering
Comparable
Inference Speed
Deepseek V3.2 Thinking (50 t/s)
Cost Efficiency
Deepseek V3.2 Thinking ($1.1/M/M)
MetricDeepseek V3.2 ThinkingMistral Small 2506
Podium Score71.0 ▲68.0
Arena Elo
Intelligence Index
Coding
Math
Reasoning
Agentic
Knowledge
Multimodal
Long-context
Output speed50 t/s50 t/s
Output price$1.1/M ▲$6/M
Context window128K128K
Scores aggregated from five independent leaderboards. See Methodology. More head-to-heads: Deepseek V3.2 T vs Claude Mythos · Deepseek V3.2 T vs Claude Fable 5 · Deepseek V3.2 T vs Kimi K3 · Deepseek V3.2 T vs Claude Opus 5
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