• Okta average ebitda margin for 2023 was -25.47%, a 36.7% decline from 2022.
• Okta average ebitda margin for 2022 was -40.24%, a 117.04% decline from 2021.
• Okta average ebitda margin for 2021 was -18.54%, a 29.56% increase from 2020.

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