Growth Metrics

Morgan Stanley Direct Lending Fund (MSDL) Revenue (2022 - 2025)

Morgan Stanley Direct Lending Fund (MSDL) has disclosed Revenue for 4 consecutive years, with $96.6 million as the latest value for Q4 2025.

  • On a quarterly basis, Revenue fell 6.25% to $96.6 million in Q4 2025 year-over-year; TTM through Dec 2025 was $397.3 million, a 4.52% decrease, with the full-year FY2025 number at $397.3 million, down 4.52% from a year prior.
  • Revenue was $96.6 million for Q4 2025 at Morgan Stanley Direct Lending Fund, down from $99.7 million in the prior quarter.
  • In the past five years, Revenue ranged from a high of $109.8 million in Q3 2024 to a low of $42.7 million in Q1 2022.
  • A 4-year average of $88.6 million and a median of $97.8 million in 2024 define the central range for Revenue.
  • Peak YoY movement for Revenue: surged 95.81% in 2023, then dropped 9.14% in 2025.
  • Morgan Stanley Direct Lending Fund's Revenue stood at $78.6 million in 2022, then soared by 37.97% to $108.5 million in 2023, then dropped by 5.01% to $103.0 million in 2024, then dropped by 6.25% to $96.6 million in 2025.
  • Per Business Quant, the three most recent readings for MSDL's Revenue are $96.6 million (Q4 2025), $99.7 million (Q3 2025), and $99.5 million (Q2 2025).