Morgan Stanley Direct Lending Fund (MSDL) EBT (2022 - 2026)

Morgan Stanley Direct Lending Fund (MSDL) has 5 years of EBT data on file, last reported at -$29.2 million in Q1 2026.

• Quarterly EBT fell 330.42% year-over-year to -$29.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $823000.0 (down 99.03% YoY) and the FY2025 annual result came in at $42.7 million, down 57.18% from the prior year.
• EBT declined to -$29.2 million in Q1 2026 per MSDL's latest filing, from $10.7 million in the prior quarter.
• Across five years, EBT topped out at $27.9 million in Q4 2023 and bottomed at -$29.2 million in Q1 2026.
• The 5-year median for EBT is $16.2 million (2022), against an average of $15.3 million.
• The widest annual swing landed in 2023, when EBT surged 96.93%; it then slumped 330.42% in 2026.
• Tracing MSDL's EBT over 5 years: stood at $14.2 million in 2022, then soared by 96.93% to $27.9 million in 2023, then plunged by 33.56% to $18.5 million in 2024, then plunged by 42.49% to $10.7 million in 2025, then sank by 374.2% to -$29.2 million in 2026.
• Per Business Quant, the three latest MSDL EBT figures stand at -$29.2 million (Q1 2026), $10.7 million (Q4 2025), and $10.2 million (Q3 2025).

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