Morgan Stanley Direct Lending Fund reported cash from operations of $103.81M and free cash flow of $103.81M for the quarter ended Jun 2026, up 331.9% year over year. This cash flow statement covers 18 quarters of results from Mar 2022 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Cash Flow Statement | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||
| Net Income | 16.16M | 15.63M | 15.21M | 14.15M | 17.55M | 19.89M | 20.89M | 26.36M | 27.39M | 26.82M | 25.58M | 17.52M | 12.05M | 8.95M | 9.83M | 9.07M | 9.85M | 6.14M |
| Cash from OperationsCash from Ops. | -125.17M | -132.61M | -117.71M | -54.35M | -16.36M | 8.93M | -99.33M | 22.95M | -53.66M | -106.67M | -117.03M | -105.16M | 34.10M | 24.03M | 39.01M | 53.75M | 86.35M | 103.81M |
| Depreciation, Depletion & Amortization | ||||||||||||||||||
| Amortizatization of IntangiblesAmort. of Intangibles | 1.98M | 3.33M | 3.60M | 2.51M | 2.53M | 2.62M | 2.14M | 4.03M | 2.71M | 4.53M | 4.66M | 2.96M | 4.30M | 3.86M | 4.12M | 3.42M | 3.52M | 3.41M |
| Amortization of Deferred ChargesAmort. Deferred Charges | 1.11M | 0.32M | 0.33M | 0.85M | 0.70M | 0.52M | 0.52M | 1.26M | 0.93M | 0.52M | 0.52M | 1.13M | 1.14M | 0.64M | 0.65M | 1.20M | 1.07M | 0.90M |
| Change in Working Capital | ||||||||||||||||||
| Change in Account PayablesChange Payables | -1.54M | -0.68M | 0.25M | -0.37M | -0.69M | -0.40M | -0.29M | 2.17M | -0.36M | -1.00M | -1.33M | -0.14M | -0.02M | 0.09M | 0.08M | -0.09M | -0.01M | -0.03M |
| Change in Accured ExpensesChange Accured Exp. | 1.92M | 5.64M | -2.35M | 8.54M | -7.72M | 9.64M | -10.01M | 9.89M | -9.86M | 20.52M | -13.20M | 4.92M | -4.84M | -0.15M | 2.79M | 0.67M | -6.80M | -3.47M |
| Financing Activities | ||||||||||||||||||
| Cash from Financing ActivitiesCash from Financing | 89.88M | 174.59M | 96.77M | 75.66M | 34.76M | -55.68M | 134.57M | -41.33M | 48.71M | 136.87M | 112.49M | 78.11M | -37.06M | -32.31M | -25.82M | -37.70M | -87.11M | -118.61M |
| Change in Capital Stock | ||||||||||||||||||
| Net Equity Issued and RepurchasedNet Equity Issued | 7.78M | 74.88M | 79.88M | 92.05M | 2.56M | 220.20M | 95.89M | -0.12M | -0.04M | |||||||||
| Dividend Payments | ||||||||||||||||||
| Dividends Paid - CommonDiv. Paid (Common) | 22.15M | 20.39M | 20.99M | 22.22M | 23.86M | 25.68M | 29.76M | 31.19M | 37.18M | 33.83M | 44.63M | 53.44M | 53.14M | 44.01M | 43.48M | 43.41M | 43.14M | 38.41M |
| Additional items | ||||||||||||||||||
| Exchange Rate EffectFX Effect | 0.01M | -0.01M | 0.07M | 0.07M | -0.10M | -0.01M | -0.03M | |||||||||||
| Change in Cash | -35.29M | 41.98M | -20.95M | 21.31M | 18.39M | -46.76M | 35.23M | -18.38M | -4.94M | 30.20M | -4.54M | -27.04M | -2.96M | -8.28M | 13.18M | 16.06M | -0.77M | -14.81M |
| Free Cash FlowFCF | -125.17M | -132.61M | -117.71M | -54.35M | -16.36M | 8.93M | -99.33M | 22.95M | -53.66M | -106.67M | -117.03M | -105.16M | 34.10M | 24.03M | 39.01M | 53.75M | 86.35M | 103.81M |
| Net Cash FlowNCF | -35.29M | 41.98M | -20.95M | 21.31M | 18.39M | -46.76M | 35.23M | -18.38M | -4.94M | 30.20M | -4.54M | -27.04M | -2.96M | -8.28M | 13.18M | 16.06M | -0.77M | -14.81M |