Quanterix Corp (QTRX): auditor change — Quanterix dismisses EY, hires KPMG as auditor; cites material weaknesses and restatement

Quanterix Corp

EY dismissed effective after Q1 2025 10-Q filing; Audit Committee selected KPMG for FY 2025 after RFP.
EY reports on internal controls for 2023 and 2024 contained adverse opinions due to material weaknesses.
Material weaknesses cited: inventory valuation (including labor/overhead capitalization) and Accelerator Laboratory revenue controls.
Company restated financials for periods from Q1 2022 through Q2 2024 due to inventory valuation error.
No disagreements with EY on accounting principles; new auditor KPMG has had no pre-engagement consultations.

item 4.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.98

Quanterix Corp dismissed Ernst and Young LLP as its auditor.

Action: dismissal
Auditor: Ernst and Young LLP
Successor: KPMG LLP

Exact text from the filing

On May 9, 2025, Quanterix Corporation (the “Company”) dismissed Ernst and Young LLP (“EY”) as its independent registered public accounting firm, to be effective following the filing of the Company's quarterly report on Form 10-Q for the quarter ended March 31, 2025.

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Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.98

Quanterix Corp engaged KPMG LLP as its auditor.

Action: engagement
Auditor: KPMG LLP

Exact text from the filing

On May 9, 2025, the Audit Committee approved the appointment of KPMG LLP (“KPMG”) as the Company’s new independent registered public accounting firm for the fiscal year ending December 31, 2025.

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21 auditor changes filed in the last 30 days. Browse all auditor changes →

Quanterix Corp filing history →

Source: SEC EDGAR

accession 0001503274-25-000056

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