• Pure Storage average ebitda margin for 2023 was 5.5%, a 45.5% increase from 2022.
• Pure Storage average ebitda margin for 2022 was 3.78%, a 154.23% increase from 2021.
• Pure Storage average ebitda margin for 2021 was -6.97%, a 41.67% decline from 2020.

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