• Snowflake average ebit margin for 2024 was -39%, a 4.41% increase from 2023.
• Snowflake average ebit margin for 2023 was -40.8%, a 14.91% decline from 2022.
• Snowflake average ebit margin for 2022 was -47.95%, a 45.04% decline from 2021.

Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues