• Illumina average ebitda margin for 2023 was -49.17%, a 17.46% increase from 2022.
• Illumina average ebitda margin for 2022 was -41.86%, a 404.44% increase from 2021.
• Illumina average ebitda margin for 2021 was 13.75%, a 54.07% decline from 2020.

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