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

Morgan Stanley Direct Lending Fund (MSDL) has 5 years of Revenue data on file, last reported at $89.1 million in Q1 2026.

• Revenue for Q1 2026 came in at $89.1 million, down 12.22% year-over-year; the trailing twelve-month figure through Mar 2026 was $384.9 million (down 8.02% YoY), and the FY2025 annual result was $397.3 million, down 4.52% from the prior year.
• Revenue eased to $89.1 million in Q1 2026 per MSDL's latest filing, from $96.6 million in the prior quarter.
• Over five years, Revenue peaked at $109.8 million in Q3 2024 and troughed at $44.3 million in Q1 2022.
• A 5-year average of $87.7 million and a median of $96.6 million in 2025 frame the typical range for Revenue.
• The sharpest annual moves came in 2023 and 2026: Revenue jumped 84.45% in 2023, then declined 12.22% in 2026.
• A 5-year view of Revenue shows it stood at $73.6 million in 2022, then jumped by 36.94% to $100.8 million in 2023, then increased by 2.26% to $103.0 million in 2024, then retreated by 6.25% to $96.6 million in 2025, then decreased by 7.8% to $89.1 million in 2026.
• Business Quant data shows MSDL's Revenue at $89.1 million in Q1 2026, $96.6 million in Q4 2025, and $99.7 million in Q3 2025.