Morgan Stanley Direct Lending Fund

MSDL · NYSE
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9/30/2025
6/30/2025
3/31/2025
12/31/2024
Revenue$65$73$65$84
% Growth-11.4%11.6%-22.1%
Cost of Goods Sold$34$35$34$33
Gross Profit$31$38$31$51
% Margin47.6%52.5%47.8%60.5%
R&D Expenses$0$0$0$0
G&A Expenses$3$2$2$2
SG&A Expenses$3$2$2$2
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$0$0-$1-$4
Operating Expenses$3$2$1-$2
Operating Income$28$36$30$53
% Margin43.3%49.7%46.3%62.6%
Other Income/Exp. Net$0$0$0$0
Pre-Tax Income$28$36$30$53
Tax Expense$0$0$1$1
Net Income$28$36$30$52
% Margin42.7%49.4%45.3%61.4%
EPS0.320.410.340.58
% Growth-22%20.6%-41.4%
EPS Diluted0.320.410.340.58
Weighted Avg Shares Out87878889
Weighted Avg Shares Out Dil87878889
Supplemental Information
Interest Income$98$98$99$101
Interest Expense$34$35$34$33
Depreciation & Amortization$0$0$0$0
EBITDA$28$36$30$53
% Margin43.3%49.7%46.3%62.6%
Morgan Stanley Direct Lending Fund (MSDL) Financial Statements & Key Stats | AlphaPilot