• Smartsheet average ebitda margin for 2023 was -13.48%, a 36.71% decline from 2022.
• Smartsheet average ebitda margin for 2022 was -21.3%, a 13.54% decline from 2021.
• Smartsheet average ebitda margin for 2021 was -18.76%, a 22.51% increase from 2020.

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