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Pyyan / Compare / Cohere Parse 5 vs Mistral OCR

Cohere Parse 5 vs Mistral OCR

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OCR & Document AI · verified 2 Sept 2026

CCohere Parse 5Coherecurrent
Mistral OCRMistral AIcurrent
3 slots left
SpecificationCohere Parse 5Mistral OCR
SummaryLoses the benchmark, wins the invoice. $1.50 per thousand pages.A hosted API built for document ingestion.
OmniDocBench79.2 on ParseBench~92
Open weightsNoNo
HandlesTables as HTML, forms, diagrams, bounding boxesTables, images, equations
LicenceProprietaryProprietary
KindVision language model, 2.3BHosted API
CategoryOCR & Document AIOCR & Document AI
Official—Mistral AI ↗

Highlighted rows are where these differ.

Cohere Parse 5

  • 2.3B vision language model, about 4.6GB, that turns a page into clean Markdown
  • Scores 79.2 on Cohere's ParseBench, behind GPT-5.5 at 84.4 and Opus 4.8 at 84.3
  • $1.50 per thousand pages at 4.5 pages a second, which is where it actually wins

Best for documents at volume.

Full spec sheet →

Mistral OCR

  • Priced per page
  • Returns structured markdown

Best for teams who want no infrastructure.

Full spec sheet →