Qwen3-32B vs Mistral-Small-4-119B-2603

Specs, VRAM requirements and download trends — updated 24 October 2026.

Qwen · A · Open weights
Params
32.8 B
Context
40,960
30d
2.8 M
apache-2.0 · commercial OK
mistralai · B · Open weights
Params
119.4 B
Context
—
30d
69 K
apache-2.0 · commercial OK

Specification comparison

Differences are highlighted; identical values are muted.

Specification Qwen3-32B Mistral-Small-4-119B-2603
Deployment Open weights · also via API Open weights · also via API
Parameters 32.8 B 119.4 B
Architecture Qwen3ForCausalLM Mistral3ForConditionalGeneration
Context length 40,960 262,144
Licence apache-2.0 apache-2.0
Commercial use Allowed Allowed
Languages — 24
Downloads 30d 2,750,187 68,887
Downloads all time 60.7 M 698 K
Quantizations on the Hub SAFETENSORS SAFETENSORS
Gated No No
First seen on the Hub 2025-04-27 2026-01-23
API input price / 1M tokens $0.08 $0.15
API output price / 1M tokens $0.28 $0.60
Est. cost per 1M input + 1M output tokens $0.36 $0.75
Cached input / 1M tokens — $0.015
AA Intelligence Index 7.3 11.3
AA Coding Index — 26.6
AA Agentic Index — 0.8
Max output tokens 16,384 209,715
API providers 3 1
Tool calling Yes Yes
Reasoning mode Yes Yes

API cost

Estimated cost of 1M input + 1M output tokens via OpenRouter

Qwen3-32B $0.36
Mistral-Small-4-119B-2603 $0.75

Qwen3-32B is 2.1× cheaper at list price.

Download trend

Daily snapshots, last 89 days (28 Jul – 24 Oct)

10.1 M70 K
Qwen3-32B Mistral-Small-4-119B-2603

VRAM side by side

On RTX 4090 · 24 GB · 8K context unless noted

Qwen3-32B · fp16 77.5 GB / 24 GB
❌ Won’t fit
Mistral-Small-4-119B-2603 · fp16 284.4 GB / 24 GB
❌ Won’t fit

Adjacent comparisons