Let’s see how the five best-performing American technology stocks (FAANG) performed at the USPTO

For the uninitiated, FAANG is an acronym for five American tech stocks of the S&P 500 with a combined market cap of $4 trillion. These five companies are Facebook, Amazon, Apple, Netflix, and Google which are all household names. And last but not the least, these five stocks collectively make 15% of the S&P 500!

That was rather a quick introduction to the stellar performance of the FAANG at the US stock market. And now we will quickly see how the FAANG has been doing at the US Patent and Trademark Office.

Here as well, it seems the FAANG group has decoded the formula to get a successful grant at USPTO. All five members have a higher grant index than the average grant index of their GAUs and of the USPTO as well.

CompaniesTotal ApplicationsGranted PatentsGrant RateAverage Grant rate of GAUs
Facebook7556568389.7873.17
Amazon143161276497.2675.37
Apple313572382187.8279.75
Netflix31822497.8272.42
Google (Alphabet)426573418887.0974.42

Let’s find out the individual performance of the FAANG members at their respective top GAUs. In case you are wondering what is this term GAU: A Group Art Unit (GAU) at the USPTO deals with patent applications relating to very similar technologies. Each GAU consists of a team of patent examiners that are subject matter experts.

Amazon

GAUGrant %
362593.49%
365199.25%
245498.48%
245797.94%
287297.99%
219698.75%
244198.68%
2657100.0%
265898.52%
368495.97%

Apple

GAUGrant %
283593.25%
283391.58%
261192.57%
284595.47%
264594.08%
261890.32%
264987.59%
262494.17%
262891.27%
261791.54%

Netflix

GAUGrant %
2455100.0%
2448100.0%
2458100.0%
2481100.0%
2424100.0%
2425100.0%
2436100.0%
242183.33%
2484100.0%
2438100.0%

Google

GAUGrant %
261788.82%
261888.77%
216192.86%
266595.37%
261194.87%
216390.93%
216290.99%
265988.89%
265791.29%
216889.37%

Facebook

GAUGrant %
245796.0%
287296.43%
368141.38%
217192.08%
245589.66%
362227.54%
368273.97%
244791.03%
217478.57%
245488.89%

Updated on December 14, 2020

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