• Pegasystems average ebitda margin for 2023 was 2.54%, a 154.98% increase from 2022.
• Pegasystems average ebitda margin for 2022 was -4.62%, a 98.28% decline from 2021.
• Pegasystems average ebitda margin for 2021 was -2.33%, a 70.05% increase from 2020.

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