Growth Metrics

Morgan Stanley Direct Lending Fund (MSDL) Net Income (2022 - 2025)

Morgan Stanley Direct Lending Fund (MSDL) has disclosed Net Income for 4 consecutive years, with $9.1 million as the latest value for Q4 2025.

  • Quarterly Net Income fell 48.25% to $9.1 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $39.9 million through Dec 2025, down 59.0% year-over-year, with the annual reading at $39.9 million for FY2025, 59.0% down from the prior year.
  • Net Income for Q4 2025 was $9.1 million at Morgan Stanley Direct Lending Fund, down from $9.8 million in the prior quarter.
  • The five-year high for Net Income was $27.4 million in Q1 2024, with the low at $9.0 million in Q2 2025.
  • Average Net Income over 4 years is $17.7 million, with a median of $16.8 million recorded in 2022.
  • The sharpest move saw Net Income skyrocketed 86.2% in 2023, then tumbled 66.63% in 2025.
  • Over 4 years, Net Income stood at $14.2 million in 2022, then surged by 86.2% to $26.4 million in 2023, then tumbled by 33.52% to $17.5 million in 2024, then plummeted by 48.25% to $9.1 million in 2025.
  • According to Business Quant data, Net Income over the past three periods came in at $9.1 million, $9.8 million, and $9.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.