Latest ebit for EMBK: $-180M, below the Technology sector average of $12T.
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+ FollowAs of Mar 31, 2023
Trailing 12 months ending Mar 31, 2023
Embark Technology's ebit stands at $-180M as of March 2023. That compares with $-140M in the prior-year period — down 25.1% year over year. That is below the Technology sector average of $12T. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
Embark Technology reported $-180M in EBIT versus $-140M a year earlier — a 25.1% year-over-year decrease. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.
Embark Technology sits lower the Technology benchmark ($12T) with a EBIT of $-180M. That is roughly 100.0% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
That compares with $-140M in the prior-year period — down 25.1% year over year. Sustained growth in EBIT can support a stronger franchise, while sharp declines may reflect divestitures, weaker demand, or accounting changes. Always read YoY moves with the footnotes of recent filings in mind.
The history chart shows how Embark Technology's EBIT evolved across reporting periods, while the comparison chart places EMBK next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.