• Pegasystems average ebitda margin for 2023 was 5.83%, a 191.09% increase from 2022.
• Pegasystems average ebitda margin for 2022 was -6.4%, a 307.64% decline from 2021.
• Pegasystems average ebitda margin for 2021 was -1.57%, a 81.06% increase from 2020.

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