MiMo-V2.6-Flash and Mistral Large 4 Preview are close rivals from Xiaomi and Mistral. Price separates them more than anything else; on a blended basis Mistral Large 4 Preview costs 6 times as much as MiMo-V2.6-Flash. No hands-on testing went into this write-up; it summarises the recorded benchmark, price and speed data for both models.
Cost: MiMo-V2.6-Flash is cheaper
MiMo-V2.6-Flash lists $0.14 per million input tokens and $0.28 per million output tokens; Mistral Large 4 Preview lists $0.70 and $2.10. That makes MiMo-V2.6-Flash's output 87% cheaper.
Take 1 million input tokens and 200,000 output tokens: that comes to $0.20 on MiMo-V2.6-Flash and $1.12 on Mistral Large 4 Preview. For a chat app with 50,000 sessions of 800 input and 300 output tokens, MiMo-V2.6-Flash would come in 84% lower: $9.80 for MiMo-V2.6-Flash against $59.50 for Mistral Large 4 Preview.
Reasoning and overall scores
MiMo-V2.6-Flash comes out ahead on the intelligence index, 26.7 to 25.3. It is a small margin for an index that averages many evaluations.
Among 109 active scored models, MiMo-V2.6-Flash sits 64th and Mistral Large 4 Preview 67th.
Neither model has a separate coding or math index recorded yet, so those narrower comparisons will have to wait for more data.
Is the price in proportion?
A blunt value measure, blended price over intelligence score, puts MiMo-V2.6-Flash at $0.0066 and Mistral Large 4 Preview at $0.042 per point. MiMo-V2.6-Flash scores higher and costs less per point, so on price per point there is nothing to trade off.
Which is newer
Mistral Large 4 Preview arrived on October 6, 2026, 15 days after MiMo-V2.6-Flash (September 21, 2026). They are effectively contemporaries.
Throughput and time to first token
MiMo-V2.6-Flash generates about 36 tokens per second and Mistral Large 4 Preview about 130 tokens per second. That makes Mistral Large 4 Preview roughly 3.6 times as fast at writing. The wait for the first token averages 3.5 seconds on MiMo-V2.6-Flash against 1.9 seconds on Mistral Large 4 Preview. Mistral Large 4 Preview gets to its first token 1.8 times as fast.
Put together, a 400-token answer would take about 15 seconds from MiMo-V2.6-Flash and 5.0 seconds from Mistral Large 4 Preview, counting the first-token wait.

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