Morgan Stanley Direct Lending Fund (MSDL) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

Morgan Stanley Direct Lending Fund (MSDL) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

MSDL Income Statement

Morgan Stanley Direct Lending Fund (MSDL) annual income statement — 6-year revenue, gross profit & net income history

Annual Quarterly

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21

Net Interest Income	0	50.61M	56.44M	56.3M	63.67M	62.98M	64.99M	67.44M	74.13M	72.62M	70.02M	69.71M	62.43M	59.29M	55.49M	47.26M	42.7M	34.96M	32.64M	32.45M
NII Growth %	-100%	-19.64%	-13.15%	-16.52%	-14.11%	-13.28%	-7.18%	-3.26%	18.73%	22.49%	26.17%	47.5%	46.2%	69.59%	70.02%	45.65%	72.94%	86.39%	163.51%	-
Net Interest Margin %	0%	1.36%	1.48%	1.44%	1.62%	1.61%	1.66%	1.72%	1.95%	1.99%	2.06%	2.11%	1.91%	1.93%	1.81%	1.58%	1.48%	1.25%	1.26%	1.3%
Interest Income	76.19M	82.63M	87.11M	89.64M	97.57M	97.68M	99.17M	100.65M	107.28M	101.92M	97.28M	98.33M	92.12M	87.19M	82.16M	71.71M	61.3M	48.74M	42.99M	40.22M
Interest Expense	33.18M	32.02M	30.66M	33.34M	33.9M	34.71M	34.18M	33.21M	33.15M	29.3M	27.26M	28.62M	29.69M	27.91M	26.67M	24.45M	18.6M	13.78M	10.35M	7.77M
Loan Loss Provision	-33.18M	0	15.29M	-16.41M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non-Interest Income	9.95M	0	18.61M	-2.72M	-32.89M	-24.64M	-33.73M	-16.62M	-22.28M	-15M	-20.71M	-15.48M	6.69M	-7.24M	-15.65M	-31.54M	-36.99M	-42.14M	-13.85M	-8.34M
Non-Interest Income %	100%	0%	24.8%	-5.07%	-106.84%	-64.27%	-107.9%	-32.7%	-42.97%	-26.04%	-42%	-28.54%	9.67%	-13.91%	-39.28%	-200.66%	-648.13%	586.89%	-73.75%	-34.57%
Total Net Revenue	9.95M	50.61M	75.06M	53.58M	30.78M	38.34M	31.26M	50.82M	51.85M	57.62M	49.31M	54.23M	69.12M	52.05M	39.84M	15.72M	5.71M	-7.18M	18.79M	24.11M
Revenue Growth %	-67.66%	32.01%	140.11%	5.43%	-40.63%	-33.46%	-36.6%	-6.29%	-24.99%	10.7%	23.76%	245.01%	1110.9%	824.93%	112.09%	-34.81%	-71.87%	-137.67%	32.81%	110.94%
Non-Interest Expense	2.18M	2.1M	33.6M	7.92M	2.78M	2.04M	963K	-1.81M	-1.86M	-1.93M	-2.81M	-4.67M	-4.29M	-4.39M	-3.94M	-4.73M	-3.73M	-3.92M	-3.46M	-2.38M
Efficiency Ratio	21.9%	4.14%	44.77%	14.78%	9.03%	5.32%	3.08%	-3.56%	-3.59%	-3.35%	-5.7%	-8.61%	-6.21%	-8.44%	-9.88%	-30.1%	-65.42%	54.55%	-18.42%	-9.88%
Operating Income	0	48.51M	26.16M	62.07M	28M	36.3M	30.3M	52.63M	53.71M	59.55M	52.12M	58.91M	73.41M	56.44M	43.78M	20.45M	9.44M	-3.26M	22.25M	26.5M
Operating Margin %	0%	95.86%	34.86%	115.84%	90.97%	94.68%	96.92%	103.56%	103.59%	103.35%	105.7%	108.61%	106.21%	108.44%	109.88%	130.1%	165.42%	45.45%	118.42%	109.88%
Operating Income Growth %	-100%	33.65%	-13.64%	17.94%	-47.86%	-39.04%	-41.87%	-10.66%	-26.84%	5.5%	19.06%	188.03%	677.46%	1829.76%	96.79%	-22.81%	-57.54%	-116.4%	51.27%	125.32%
Pretax Income	41.01M	8.73M	-4.51M	28.73M	28M	36.3M	30.3M	52.63M	53.71M	59.55M	52.12M	57.39M	73.41M	56.44M	43.78M	20.45M	9.44M	-3.26M	22.25M	26.5M
Pretax Margin %	412.01%	17.25%	-6.01%	53.62%	90.97%	94.68%	96.92%	103.56%	103.59%	103.35%	105.7%	105.81%	106.21%	108.44%	109.88%	130.1%	165.42%	45.45%	118.42%	109.88%
Income Tax	0	800K	0	0	402K	200K	627K	1M	501K	500K	436K	0	0	0	0	334K	0	0	0	75K
Effective Tax Rate %	0%	9.17%	0%	0%	1.44%	0.55%	2.07%	1.9%	0.93%	0.84%	0.84%	0%	0%	0%	0%	1.63%	0%	0%	0%	0.28%
Net Income	41.01M	7.93M	-4.51M	28.73M	27.6M	36.1M	29.67M	51.63M	53.21M	59.05M	51.68M	57.39M	73.41M	56.44M	43.78M	20.12M	9.44M	-3.26M	22.25M	26.42M
Net Margin %	412.01%	15.67%	-6.01%	53.62%	89.67%	94.15%	94.91%	101.59%	102.62%	102.48%	104.82%	105.81%	106.21%	108.44%	109.88%	127.97%	165.42%	45.45%	118.42%	109.57%
Net Income Growth %	48.59%	-78.04%	-115.2%	-44.36%	-48.12%	-38.87%	-42.59%	-10.03%	-27.52%	4.61%	18.06%	185.27%	677.46%	1829.76%	96.79%	-23.86%	-57.54%	-116.4%	51.32%	162%
Net Income (Continuing)	41.01M	7.93M	-4.51M	28.73M	27.6M	36.1M	29.67M	51.63M	53.21M	59.05M	51.68M	57.39M	73.41M	56.44M	43.78M	20.12M	9.44M	-3.26M	22.25M	26.42M
EPS (Diluted)	-0.32	0.09	-0.05	0.33	0.32	0.41	0.34	0.58	0.60	0.66	0.59	0.70	0.83	0.64	0.50	0.26	0.11	-0.04	0.25	0.43
EPS Growth %	-200%	-78.05%	-115.47%	-43.1%	-46.67%	-37.88%	-42.37%	-17.14%	-27.71%	3.13%	18%	169.23%	654.55%	1829.73%	100%	-39.53%	-56%	-116.09%	47.06%	104.76%
EPS (Basic)	-0.32	0.09	-0.05	0.33	0.32	0.41	0.34	0.58	0.60	0.66	0.59	0.70	0.83	0.64	0.50	0.26	0.11	-0.04	0.25	0.30
Diluted Shares Outstanding	84.03M	84.75M	85.78M	87.27M	86.84M	87.19M	88.41M	89.26M	89.26M	89.27M	87.36M	81.98M	88.28M	88.28M	88.28M	76.19M	88.28M	88.28M	88.28M	88.28M