iRhythm Holdings, Inc. has announced the dismissal of PricewaterhouseCoopers LLP (PwC) as its independent registered public accounting firm, effective March 30, 2026. This decision was made by the Audit Committee of the Board of Directors. Notably, PwC's audit reports for the fiscal years ending December 31, 2025, and December 31, 2024, did not contain any adverse opinions or disclaimers, indicating that the financial statements were presented fairly in accordance with generally accepted accounting principles. The company reported that there were no disagreements with PwC regarding accounting principles or practices during the last two fiscal years and the interim period leading up to the dismissal.

Following the dismissal of PwC, iRhythm has engaged KPMG LLP as its new independent registered public accounting firm for the fiscal year ending December 31, 2026. The Audit Committee approved this engagement on the same day as the dismissal of PwC. The company clarified that during the two most recent fiscal years and the interim period, there were no consultations with KPMG regarding accounting principles or audit opinions, nor were there any disagreements or reportable events that would necessitate disclosure.

This transition in auditors may raise concerns among investors regarding the continuity and reliability of financial reporting, especially given the recent changes in leadership within the company. However, the absence of adverse opinions from PwC suggests that the company's financial health remains stable. Investors will be watching closely to see how this change impacts the company's financial disclosures moving forward, particularly as KPMG takes over the auditing responsibilities. The company has committed to maintaining transparency throughout this transition and will provide updates as necessary.

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