• CyberArk Software average ebitda margin for 2023 was -16.24%, a 20.04% decline from 2022.
• CyberArk Software average ebitda margin for 2022 was -20.31%, a 294.37% decline from 2021.
• CyberArk Software average ebitda margin for 2021 was -5.15%, a 159.33% increase from 2020.

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