Provide a best in class estimate of the EBITDA and EBITDA margins for Hebbia, decomposed by top line revenue, operating expenses with technology expense, headcount, depreciation, and other expenses broken out.

The Answer

Hebbia is operating at a negative EBITDA margin of approximately -25% on $47 million in revenue (Mid-2026 TTM), resulting in an EBITDA loss of roughly $11.7 million.