STOCK TITAN

Diodes Incorporated (NASDAQ: DIOD) replaces Baker Tilly with PwC as independent auditor

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Diodes Incorporated reported a change in its independent auditor. On March 5, 2026, the Audit Committee dismissed Baker Tilly US, LLP as the company’s independent registered public accounting firm, effective immediately, and later received Baker Tilly’s confirming letter to the SEC filed as an exhibit.

The company states that for the fiscal years ended December 31, 2025 and 2024, and through March 5, 2026, Baker Tilly’s audit reports contained no adverse opinions or disclaimers and were not qualified or modified. Diodes also reports no disagreements with Baker Tilly on accounting, disclosure, or audit scope and no reportable events under SEC rules.

The Audit Committee approved the engagement of PricewaterhouseCoopers LLP (PwC) as the new independent registered public accounting firm for the fiscal year ending December 31, 2026. Diodes notes it did not consult PwC during the past two fiscal years on accounting treatments, potential audit opinions, or any matters involving disagreements or reportable events.

Positive

  • None.

Negative

  • None.
0000029002false00000290022026-03-052026-03-05

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 05, 2026

 

 

DIODES INCORPORATED

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

002-25577

95-2039518

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

4949 Hedgcoxe Road, Suite 200

 

Plano, Texas

 

75024

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 972 987-3900

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock, Par Value $0.66 2/3

 

DIOD

 

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 4.01 Changes in Registrant’s Certifying Accountant

(a) Dismissal of Independent Registered Public Accounting Firm

On March 5, 2026, the Audit Committee of the Board of Directors of Diodes Incorporated (the “Company”) dismissed Baker Tilly US, LLP (“Baker Tilly”) as the Company’s independent registered public accounting firm, effective immediately.

During the Company’s two most recent fiscal years ended December 31, 2025 and 2024, and the subsequent interim period through March 5, 2026:

The reports of Baker Tilly on the Company’s consolidated financial statements did not contain an adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope, or accounting principles;
There were no disagreements (as that term is described in Item 304(a)(1)(iv) of Regulation S-K) with Baker Tilly on any matters of accounting principles or practices, financial statement disclosure, or auditing scope and procedures which, if not resolved to the satisfaction of Baker Tilly, would have caused Baker Tilly to make reference to such matters in their report; and
There were no reportable events (as that term is described in Item 304(a)(1)(v) of Regulation S-K).

The Company provided Baker Tilly with a copy of this disclosure and requested that Baker Tilly furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the above statements. A copy of Baker Tilly’s letter, dated March 11, 2026, is filed as Exhibit 16.1 to this Form 8 K.

(b) Engagement of New Independent Registered Public Accounting Firm

The Audit Committee approved the engagement of PricewaterhouseCoopers LLP (“PwC”) as the Company’s new independent registered public accounting firm for the fiscal year ending December 31, 2026.

During the Company’s two most recent fiscal years ended December 31, 2025 and 2024, and the subsequent interim period through March 5, 2026, neither the Company nor anyone acting on its behalf has consulted with PwC regarding:

(i)
The application of accounting principles to any specific completed or proposed transaction;
(ii)
The type of audit opinion that might be rendered on the financial statements; or
(iii)
Any matter that was the subject of a disagreement or reportable event as defined in Item 304(a)(1)(v) of Regulation S K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

 

 

Exhibit Number

Description

16.1

Letter from Baker Tilly US, LLP to the SEC dated March 11, 2026

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

DIODES INCORPORATED

 

 

 

 

Date:

March 11, 2026

By:

/s/Brett R. Whitmire

 

 

 

Brett R. Whitmire
Chief Financial Officer

 


FAQ

What change in auditor did Diodes Incorporated (DIOD) disclose?

Diodes Incorporated disclosed that its Audit Committee dismissed Baker Tilly US, LLP as independent registered public accounting firm on March 5, 2026, and approved PricewaterhouseCoopers LLP (PwC) as the new auditor for the fiscal year ending December 31, 2026.

Did Diodes Incorporated (DIOD) report any disagreements with Baker Tilly?

Diodes reported no disagreements with Baker Tilly during the fiscal years ended December 31, 2025 and 2024, and through March 5, 2026. This covers accounting principles, financial statement disclosure, and auditing scope or procedures, and the company also reported no reportable events under SEC Regulation S-K.

How were Baker Tilly’s audit opinions on Diodes Incorporated’s financial statements characterized?

Baker Tilly’s reports on Diodes Incorporated’s consolidated financial statements for the fiscal years ended December 31, 2025 and 2024 did not contain adverse opinions or disclaimers. They were also not qualified or modified regarding uncertainty, audit scope, or accounting principles during that period.

What role will PricewaterhouseCoopers LLP (PwC) have with Diodes Incorporated (DIOD)?

PricewaterhouseCoopers LLP has been engaged by Diodes Incorporated’s Audit Committee as the new independent registered public accounting firm for the fiscal year ending December 31, 2026, replacing Baker Tilly as the company’s external auditor going forward.

Did Diodes Incorporated previously consult PwC on accounting or audit matters?

Diodes stated that during the fiscal years ended December 31, 2025 and 2024, and through March 5, 2026, neither the company nor anyone acting on its behalf consulted PwC regarding accounting applications, potential audit opinions, or any matters involving disagreements or reportable events.

What documents related to the auditor change did Diodes Incorporated file with the SEC?

Diodes filed a letter from Baker Tilly US, LLP to the SEC dated March 11, 2026 as Exhibit 16.1, in which Baker Tilly addresses the company’s statements about the auditor change, along with the cover page interactive data file as Exhibit 104.

Filing Exhibits & Attachments

2 documents
Diodes Inc

NASDAQ:DIOD

View DIOD Stock Overview

DIOD Rankings

DIOD Latest News

DIOD Latest SEC Filings

DIOD Stock Data

2.92B
44.43M
Semiconductors
Semiconductors & Related Devices
Link
United States
PLANO