As of August 20, 2026, Pixtral-12B is 89% cheaper per million tokens than GLM-4.5. GLM-4.5 is $0.60 / $2.20 per million input/output tokens versus Pixtral-12B at $0.15 / $0.15. Sources: https://docs.z.ai/guides/overview/pricing and https://docs.mistral.ai/platform/pricing/
Sources: Z AI pricing (https://docs.z.ai/guides/overview/pricing); Mistral AI pricing (https://docs.mistral.ai/platform/pricing/)
GLM-4.5
Z AI
Input
$0.60
Output
$2.20
Pixtral-12B
Mistral
Input
$0.15
Output
$0.15
Token pricing, specs, and benchmarks side by side
GLM-4.5Pixtral-12BVerdict
Pixtral-12B offers significantly lower pricing, while GLM-4.5 leads on benchmark performance. Your choice depends on whether cost efficiency or raw capability matters more for your use case.
As of August 20, 2026, Pixtral-12B is 89% cheaper on blended LLM API pricing. Pixtral-12B costs $0.15 per million input tokens and $0.15 per million output tokens ($0.30 blended 1M-in + 1M-out). GLM-4.5 costs $0.60 / $2.20 per million tokens ($2.80 blended). Sources: https://docs.z.ai/guides/overview/pricing and https://docs.mistral.ai/platform/pricing/. The cheapest LLM for your app still depends on how many output tokens you generate.
GLM-4.5 Z AI API pricing is $0.60 input and $2.20 output per million tokens via Z AI. Pixtral-12B Mistral API pricing is $0.15 input and $0.15 output per million tokens via Mistral AI. Use those four numbers, not ChatGPT Plus or Claude Pro subscription prices, when you are comparing APIs.
GLM-4.5 has a published SWE-bench Verified score of 64.2%. Pixtral-12B does not have that eval on this page yet.
GLM-4.5 supports a 131K token context window, while Pixtral-12B supports 128K tokens. GLM-4.5 offers a larger context window. Filling a larger window bills more input tokens, so the cheaper-per-million model can still cost more on long documents.
GLM-4.5 leads on 2 of 2 shared benchmarks versus Pixtral-12B's 0 wins. Check the comparison table for GPQA Diamond, SWE-bench, MMLU, HLE, and the other evals we track. Token price and benchmark score together are the usual LLM comparison, not either number alone.
Both GLM-4.5 and Pixtral-12B are production API models. For cost-sensitive production traffic, Pixtral-12B has better economics on the blended 1M-in + 1M-out scale. For maximum capability, weight the benchmark table for your domain. Many production stacks route cheap models for drafts and a frontier model for the hard turn, which is usually cheaper than sending everything to the expensive API.
Yes. Call GLM-4.5 through Z AI and Pixtral-12B through Mistral AI with separate API keys, or through a gateway that already wraps both. Keep prompts in tokens, not characters, when you estimate the invoice. AnotherWrapper templates can swap providers without rewriting auth and billing.
List rates are the latest published Z AI API pricing and Mistral API pricing, quoted per million tokens. Official rate sheets: https://docs.z.ai/guides/overview/pricing and https://docs.mistral.ai/platform/pricing/. Prompt caching, batch APIs, and committed-use discounts can change the invoice. Benchmark scores are from official publications and independent evals, updated as new numbers land.
GLM-4.5 supports up to 131K output tokens per request, while Pixtral-12B supports up to 8K output tokens. Output tokens are usually the expensive half of API pricing, so a higher max output cap is a capability, not a discount.
GLM-4.5 runs at approximately 52 tokens/second while Pixtral-12B runs at 0.1 tokens/second. GLM-4.5 is faster in raw throughput. Throughput (tokens per second) and time-to-first-token are why two models with the same per-million-token price can still feel different in chat and agents.
Use the model pickers at the top of this LLM comparison. Search any model in the index and the URL updates. Open GLM-4.5 or Pixtral-12B from the sidebar for the single-model API pricing page, or go back to the LLM pricing table to sort by cheapest blended cost.
This comparison covers API pricing, context window, throughput, and benchmark scores. GLM-4.5 costs $0.60/M input and $2.20/M output. Pixtral-12B costs $0.15/M input and $0.15/M output via Mistral AI.
Rank both on the LLM leaderboard, SWE-bench, and Humanity's Last Exam.
The index
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