Block Patents – Key Insights and Stats

Block, formerly Square, has a total of 762 patents globally, out of which 429 have been granted. Of these 762 patents, more than 75% patents are active. The USA is where Block has filed the maximum number of patents, followed by Australia and European Countries, it has generated an annual revenue of $17.66 billion in the year 2021. Parallelly, the USA seems to be the main focused R&D centre of Block.

Block was founded in the year 2009 by Jack Dorsey and Jim McKelvey. The company is situated in San Francisco, California and provides financial services and digital payments. As of June 2022, Block has a market cap of $47.54 Billion.

Do read about some of the most popular patents of Block which have been covered by us in this article and also you can find Block patents information, the worldwide patent filing activity and its patent filing trend over the years, and many other stats over Block patent portfolio.

How many patents does the founder and the CEO of Block have?

The CEO & co-founder, Jack Dorsey, has 123 patents. The other co-founder, Jim McKelvey, has 38 patents.

How many patents does Block have?

Block has a total of 762 patents globally. These patents belong to 306 unique patent families. Out of 762 patents, 576 patents are active.

How Many Patents did Block File Every Year?

Block Patent Filing Trend

Are you wondering why there is a drop in patent filing for the last two years? It is because a patent application can take up to 18 months to get published. Certainly, it doesn’t suggest a decrease in the patent filing.

Year of Patents Filing or GrantBlock Applications FiledBlock Patents Granted
2011315
20123615
20135023
201410815
20158625
20166135
20179459
20185250
20193754
20205247
20214053
2022239

How many Block patents are Alive/Dead?

Block Patent Portfolio

How Many Patents did Block File in Different Countries?

Block Worldwide Patent Filing

Countries in which Block Filed Patents

CountryPatents
United States Of America490
Australia83
Europe48
Canada40
Singapore16
Hong Kong (S.A.R.)7
India6
Malaysia5
China4
Brazil4
Germany4
New Zealand4
Philippines3
Japan3
Korea (South)3
Austria2
Taiwan2
Mexico2
Poland1
Indonesia1
Norway1
Spain1

Where are Research Centres of Block Patents Located?

R&D Centres of Block

10 Best Block Patents

US7003316B1 is the most popular patent in the Block portfolio. It has received 284 citations so far from companies like Leonard Forbes, Sony, and Siemens.

Below is the list of 10 most cited patents of Block:

Publication NumberCitation Count
US7003316B1284
US20140279436A1225
US7376431B2201
US20050236480A1186
US7363054B2179
US20130132274A1178
US20090199283A1172
US7941197B2143
US9665858B1135
US7942337B2129

Which Companies are using Block Patents to Advance their Research?

If patents or patents from a particular technology area of a company receive a lot of citations, it implies that the technology is being followed and incrementally innovated by the citing companies. It also indicates that citing companies are working on similar and closely related technologies.

The top citing companies in the Block patent portfolio are Mastercard, JP Morgan, and Paypal.

List of the top forward citing Companies –

CompanyNumber of Patents
Mastercard67
JP Morgan66
Paypal58
Capital One57
First Data43
Visa32
Google28
IBM28
Samsung Electronics21
Microsoft20

Count of 102 and 103 Type Rejections based on Block Patents

Top Block Patents used in Rejecting Most Patent Applications

Patent NumberCount of Rejected Applications
US7941197B227
US8109444B215
US9519901B115
US20050236480A115
US9384480B215
US20150031388A112
US7376431B212
US8915447B211
US10366378B111
US20130132274A111
US8070057B210
US20170004475A110
US8880881B29
US20130182845A19
US8231055B28

EXCLUSIVE INSIGHTS COMING SOON!

What are Block’s key innovation segments?

What Technologies are Covered by Block?

The chart below distributes patents filed by Block in different countries on the basis of the technology protected in patents. It also represents the markets where Block thinks it’s important to protect particular technology inventions.

R&D Focus: How has Block‘s search focus changed over the years?

EXCLUSIVE INSIGHTS COMING SOON!

Interested in knowing about the areas of innovation that are being protected by Block?

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Our comprehensive report provides an in-depth look into the patent portfolio. The report includes a breakdown of the patent portfolio across various technologies, listing the patent along with brief summaries of each patent's technology.