Morgan Stanley Direct Lending Fund (MSDL) Other Operating Expenses (2022 - 2026)
Morgan Stanley Direct Lending Fund (MSDL) reported Other Operating Expenses of $47.6 million for Q1 2026, down 14.21% year-over-year from $55.4 million in Q1 2025, and down 11.28% quarter-over-quarter from $53.6 million in Q4 2025.
Morgan Stanley Direct Lending Fund (MSDL) Other Operating Expenses (2022 - 2026) Analysis & Trends
Morgan Stanley Direct Lending Fund (MSDL) has 4 years of Other Operating Expenses data on file, last reported at $47.6 million in Q1 2026.
- Other Operating Expenses for Q1 2026 came in at $47.6 million, down 14.21% year-over-year; the trailing twelve-month figure through Mar 2026 was $212.2 million (down 1.97% YoY), and the FY2025 annual result was $219.1 million, changed N/A from the prior year.
- Other Operating Expenses eased to $47.6 million in Q1 2026 per MSDL's latest filing, from $53.6 million in the prior quarter.
- Over five years, Other Operating Expenses peaked at $55.6 million in Q3 2025 and troughed at -$39000.0 in Q1 2022.
- A 4-year average of $43.0 million and a median of $53.6 million in 2025 frame the typical range for Other Operating Expenses.
- The sharpest annual moves came in 2025 and 2026: Other Operating Expenses gained 26.26% in 2025, then declined 14.21% in 2026.
- A 4-year view of Other Operating Expenses shows it stood at -$5000.0 in 2022, then soared by 1107680.0% to $55.4 million in 2024, then decreased by 3.2% to $53.6 million in 2025, then declined by 11.28% to $47.6 million in 2026.
- Business Quant data shows MSDL's Other Operating Expenses at $47.6 million in Q1 2026, $53.6 million in Q4 2025, and $55.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 154.03 Bn | 144.41 Bn | - |
| 2 | Blackstone | 89.67 Bn | 88.62 Bn | - |
| 3 | Kkr | 82.99 Bn | 130.50 Bn | - |
| 4 | Apollo Global Management | 75.96 Bn | 94.69 Bn | 5.04 Bn |
| 5 | State Street | 45.12 Bn | 19.44 Bn | - |
| 6 | Ameriprise Financial | 41.87 Bn | 41.74 Bn | 4.57 Bn |
| 7 | Northern Trust | 31.37 Bn | 31.37 Bn | - |
| 8 | Raymond James Financial | 29.45 Bn | 18.21 Bn | - |
| 9 | Ares Management | 28.36 Bn | 31.73 Bn | - |
| 10 | Morgan Stanley Direct Lending Fund | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 47.56 Mn |
| Dec 31, 2025 | 53.61 Mn |
| Sep 30, 2025 | 55.55 Mn |
| Jun 30, 2025 | 55.52 Mn |
| Mar 31, 2025 | 55.44 Mn |
| Dec 31, 2024 | 55.38 Mn |
| Sep 30, 2024 | 54.36 Mn |
| Jun 30, 2024 | 51.33 Mn |
| Mar 31, 2024 | 43.91 Mn |
| Dec 31, 2022 | -5,000.00 |
| Mar 31, 2022 | -39,000.00 |