• Qualys average ebitda margin for 2023 was 32.82%, a 9.09% decline from 2022.
• Qualys average ebitda margin for 2022 was 36.1%, a 19.77% decline from 2021.
• Qualys average ebitda margin for 2021 was 30.14%, a 12.51% increase from 2020.

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