Morgan Stanley Direct Lending Fund
Morgan Stanley Direct Lending Fund (MSDL) Revenue
Annual & quarterly revenue history · segment & region breakdown
MSDL · revenue · updated Jun 8, 2026
Core revenue metrics
Trailing 12 monthsMorgan Stanley Direct Lending Fund trailing twelve-month (TTM) revenue is $0.30B, an increase of 16.38% year-over-year from $0.39B in FY2025.
Revenue trend
2025 – 2019 · AnnualRevenue history
| Fiscal year end | Revenue | Change | Growth |
|---|---|---|---|
| 2025-12-31 | $0.39B | +$0.05B | +16.38% |
| 2024-12-31 | $0.33B | +$0.00B | +1.34% |
| 2023-12-31 | $0.33B | +$0.23B | +227.42% |
| 2022-12-31 | $0.10B | +$0.00B | +1.62% |
| 2021-12-31 | $0.10B | +$0.08B | +320.22% |
| 2020-12-31 | $0.02B | +$0.02B | — |
| 2019-12-31 | $0.00B | — | — |
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About Revenue & Reporting
Revenue (also called sales, net sales, or turnover) is the total income Morgan Stanley Direct Lending Fund receives from its business operations before deducting any costs or expenses. It is the top line of the income statement. Unlike net income or earnings, revenue does not account for operating costs, taxes, interest, or depreciation.
Morgan Stanley Direct Lending Fund reports revenue on a fiscal year ending Dec 31 basis under US GAAP, denominated in USD.
Data sourced from Morgan Stanley Direct Lending Fund's 10-K and 10-Q SEC filings via Financial Modeling Prep.
Frequently asked questions
MSDL revenue · 4 questionsMSDL's trailing twelve-month (TTM) revenue is $0.30B. That is an increase of 16.38% year-over-year from $0.39B in FY2025.
▸ Source: FMP · Morgan Stanley Direct Lending Fund SEC filings · GAAP · Morgan Stanley Direct Lending Fund SEC 10-K & 10-Q filings · US GAAP · Updated: Jun 8, 2026