• MongoDB average ebit margin for 2023 was -21.3%, a 32.47% decline from 2022.
• MongoDB average ebit margin for 2022 was -31.54%, a 10.7% decline from 2021.
• MongoDB average ebit margin for 2021 was -35.32%, a 1.26% decline from 2020.

Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues