Morgan Stanley Direct Lending Fund annual revenue
2021
2022
2023
2024
2025
Morgan Stanley Direct Lending Fund Revenue Growth & History (MSDL)
Morgan Stanley Direct Lending Fund reported $397.3M in revenue for fiscal 2025, a decrease of 4.52% from the previous fiscal year.
View full Morgan Stanley Direct Lending Fund company overviewMorgan Stanley Direct Lending Fund annual revenue and growth
| Fiscal year | Period ended | Revenue | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $397.3M | −$18.8M | −4.52% |
| 2024 | 2024-12-31 | $416.1M | $48.3M | +13.14% |
| 2023 | 2023-12-31 | $367.7M | $137.1M | +59.47% |
| 2022 | 2022-12-31 | $230.6M | $110.8M | +92.46% |
| 2021 | 2021-12-31 | $119.8M | — | — |
Morgan Stanley Direct Lending Fund quarterly revenue
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Revenue | Change | YoY growth |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $88.8M | −$10.7M | −10.79% |
| Q1 2026 | 2026-03-31 | $89.1M | −$12.4M | −12.22% |
| Q4 2025 | 2025-12-31 | $96.6M | −$6.4M | −6.25% |
| Q3 2025 | 2025-09-30 | $99.7M | −$10.0M | −9.14% |
| Q2 2025 | 2025-06-30 | $99.5M | −$4.7M | −4.49% |
| Q1 2025 | 2025-03-31 | $101.5M | $2.4M | +2.38% |
| Q4 2024 | 2024-12-31 | $103.0M | $2.3M | +2.26% |
| Q3 2024 | 2024-09-30 | $109.8M | $15.3M | +16.20% |
| Q2 2024 | 2024-06-30 | $104.2M | $15.3M | +17.20% |
| Q1 2024 | 2024-03-31 | $99.1M | $15.5M | +18.49% |
| Q4 2023 | 2023-12-31 | $100.8M | $27.2M | +36.94% |
| Q3 2023 | 2023-09-30 | $94.5M | $31.7M | +50.59% |
| Q2 2023 | 2023-06-30 | $88.9M | $38.9M | +77.81% |
| Q1 2023 | 2023-03-31 | $83.6M | $39.3M | +88.78% |
| Q4 2022 | 2022-12-31 | $73.6M | — | — |
| Q3 2022 | 2022-09-30 | $62.7M | — | — |
| Q2 2022 | 2022-06-30 | $50.0M | — | — |
| Q1 2022 | 2022-03-31 | $44.3M | — | — |
Morgan Stanley Direct Lending Fund revenue growth trends
Morgan Stanley Direct Lending Fund's latest reported quarter, Q2 2026, generated $88.8M in revenue, a decrease of 10.79% year over year.
About the data
What revenue means
Revenue is the top-line amount a company reports from selling goods and services before expenses are deducted. Fiscal periods can differ from calendar years, so each table includes the exact period end date.
Primary source
SEC company filings
TickerStat standardizes reported company facts from SEC EDGAR. Derived growth rates use the displayed revenue values and are not company guidance or forecasts.
Review Morgan Stanley Direct Lending Fund filings at SEC.gov ↗