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Pyyan / Compare / Mistral OCR vs Cohere Parse 5

Mistral OCR vs Cohere Parse 5

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OCR & Document AI · verified 2 Sept 2026

Mistral OCRMistral AIcurrent
CCohere Parse 5Coherecurrent
3 slots left
SpecificationMistral OCRCohere Parse 5
SummaryA hosted API built for document ingestion.Loses the benchmark, wins the invoice. $1.50 per thousand pages.
OmniDocBench~9279.2 on ParseBench
Open weightsNoNo
HandlesTables, images, equationsTables as HTML, forms, diagrams, bounding boxes
LicenceProprietaryProprietary
KindHosted APIVision language model, 2.3B
CategoryOCR & Document AIOCR & Document AI
OfficialMistral AI ↗—

Highlighted rows are where these differ.

Mistral OCR

  • Priced per page
  • Returns structured markdown

Best for teams who want no infrastructure.

Full spec sheet →

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 →