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GPT-5.4 vs Mistral OCR 4

Pricing, benchmarks, and use case comparison

Quick take

  • GPT-5.4 is meaningfully stronger at coding (88 vs 5 on our capability index).
  • Mistral OCR 4 is meaningfully stronger at cost efficiency (96 vs 72).
  • GPT-5.4 is 100% cheaper on input tokens, which compounds fast on high-volume or agentic workloads.

Specs comparison

GPT-5.4Mistral OCR 4
ProviderOpenAIMistral AI
TypeClosed sourceClosed source
Context window1,050,000 tokens (128,000 max output)Not announced
Input / 1M tokens$2.504000
Output / 1M tokens$15.004000
Release date2026-032026-06

Benchmarks

BenchmarkGPT-5.4Mistral OCR 4
OlmOCRBench-85.20
OmniDocBench-93.07
Human preference (head-to-head)-72% win rate
Human evaluation (blind)-72%
Human Evaluation (Blind Test)-72% win rate

Scores sourced from official provider release posts and independent benchmark aggregators.

Which should you choose?

Choose GPT-5.4 if...

  • Large-context tasks where GPT-5.5-level frontier reasoning is not required
  • Cost-conscious production workloads that still need strong capability
  • Migrating from GPT-5.4-based systems where behavior is already tuned
Full GPT-5.4 details →

Choose Mistral OCR 4 if...

  • You need to convert PDFs, scans, or office docs into structured text/Markdown
  • You require high-accuracy multilingual document parsing at low cost
  • You need tables, equations, and layout preserved with confidence scores
  • You must keep documents in-house (self-hosted deployment)
Full Mistral OCR 4 details →

Compare GPT-5.4 with others