• Confluent average ebitda margin for 2023 was -68.38%, a 13.29% decline from 2022.
• Confluent average ebitda margin for 2022 was -78.86%, a 3.19% decline from 2021.
• Confluent average ebitda margin for 2021 was -81.46%, a 10.17% decline from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.