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LGI Homes (NASDAQ: LGIH) names Deloitte new independent auditor

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

Rhea-AI Filing Summary

LGI Homes, Inc. reported that its Audit Committee completed a competitive process to select the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. As a result, Ernst & Young LLP was dismissed as auditor effective June 8, 2026, and Deloitte & Touche LLP was appointed.

The company states that Ernst & Young’s audit reports for the years ended December 31, 2025 and 2024 contained no adverse opinions, disclaimers, or qualifications. LGI Homes also reports there were no disagreements or reportable events with Ernst & Young, and that Deloitte had not previously been consulted on accounting or auditing matters covered in this change.

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Insights

LGI Homes changes auditors after a competitive review, with no reported disputes.

LGI Homes’ Audit Committee replaced Ernst & Young with Deloitte & Touche as independent auditor for the year ending December 31, 2026, following a competitive selection process. The company emphasizes this was a structured review rather than a dispute-driven change.

The filing notes Ernst & Young’s reports for 2025 and 2024 had no adverse opinions or qualifications, and there were no disagreements or reportable events under Regulation S-K definitions. Deloitte was not previously consulted on specific accounting questions, which suggests a clean transition path, though actual impact will depend on future audit outcomes.

Item 4.01 Changes in Registrant's Certifying Accountant Governance
The company changed its independent auditing firm, which may involve disagreements on accounting matters.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Auditor change effective date June 8, 2026 Effective Date of Ernst & Young’s dismissal and Deloitte’s appointment
Fiscal years covered by prior E&Y audits 2025 and 2024 Years for which E&Y issued unqualified audit reports
Exhibit 16.1 date June 9, 2026 Date of Ernst & Young letter filed with the SEC
independent registered public accounting firm financial
"the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
Audit Committee financial
"The Audit Committee of the Board of Directors of LGI Homes, Inc."
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
reportable events regulatory
"there were no: (1) “disagreements” ... or (2) “reportable events” (as defined in Item 304(a)(1)(v) of Regulation S-K)"
Reportable events are significant incidents or changes a company is legally required to disclose to regulators and the public, such as major safety problems, legal actions, financial irregularities, or management changes. They matter to investors because these events can alter a company’s risk profile or future performance, much like a dashboard warning light signals a problem that could affect a car’s safety or reliability. Timely disclosure helps investors make informed decisions and maintain market fairness.
Regulation S-K regulatory
"“disagreements” (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions)"
A set of U.S. Securities and Exchange Commission rules that tell public companies which narrative and qualitative details must be disclosed in filings, such as risk factors, management discussion, executive pay, legal proceedings and business description. Think of it as a standardized checklist or blueprint that ensures investors get the same types of background information from every company so they can compare risks, management quality and strategy before making investment decisions.
disagreements financial
"no: (1) “disagreements” (as defined in Item 304(a)(1)(iv) of Regulation S-K"
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0001580670false00015806702026-06-082026-06-08

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): June 8, 2026
LGI HOMES, INC.
(Exact name of registrant as specified in its charter)
Delaware001-3612646-3088013
(State or other jurisdiction
of incorporation)		(Commission
File Number)		(IRS Employer
Identification Number)
 
1450 Lake Robbins Drive, Suite 430,The Woodlands,Texas77380
(Address of principal executive offices)(Zip Code)
(281) 362-8998
(Registrant’s Telephone Number, Including Area Code)

N/A
(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 (see General Instructions A.2. below):
☐ 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 classTrading symbol(s)Name of each exchange on which registered
Common Stock, par value $0.01 per shareLGIHNASDAQ Global Select Market
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 4.01Changes in Registrant’s Certifying Accountant.
(a) Dismissal of Independent Registered Public Accounting Firm
The Audit Committee of the Board of Directors (the “Audit Committee”) of LGI Homes, Inc. (the “Company”) conducted a competitive selection process to determine the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, including Ernst & Young LLP (“E&Y”), the Company’s independent registered public accounting firm. As a result of this competitive selection process, following the review and evaluation of proposals from participating firms, on June 8, 2026 (the “Effective Date”), the Audit Committee dismissed E&Y as the Company’s independent registered public accounting firm.
The audit reports of E&Y on the Company’s consolidated financial statements as of and for the fiscal years ended December 31, 2025 and 2024 did not contain any adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principles.
During the fiscal years ended December 31, 2025 and 2024, and the subsequent interim period through the Effective Date, there were no: (1) “disagreements” (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) with E&Y on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of E&Y, would have caused E&Y to make reference to the subject matter of such disagreements in connection with their reports for such years, or (2) “reportable events” (as defined in Item 304(a)(1)(v) of Regulation S-K).
The Company provided E&Y with a copy of the disclosures contained in this Current Report on Form 8-K (this “Form 8-K”) and requested that E&Y furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether or not E&Y agrees with the statements contained herein. A copy of E&Y’s letter, dated June 9, 2026, is filed as Exhibit 16.1 to this Form 8-K.
(b) Engagement of New Independent Registered Public Accounting Firm
On June 8, 2026, the Audit Committee appointed Deloitte & Touche LLP (“Deloitte”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, effective immediately.
During the fiscal years ended December 31, 2025 and 2024, and the subsequent interim period through the Effective Date, neither the Company nor anyone on its behalf consulted Deloitte with respect to (a) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s consolidated financial statements, and neither a written report nor oral advice was provided to the Company that Deloitte concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue, or (b) any matter that was either the subject of a “disagreement” (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a “reportable event” (as defined in Item 304(a)(1)(v) of Regulation S-K).
Item 9.01Financial Statements and Exhibits.
            
(d)Exhibits.
16.1
Letter to the Securities and Exchange Commission from E&Y dated June 9, 2026
104Cover Page Interactive Data File - the cover page XBRL tags are 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 hereunto duly authorized.

 
Dated: June 10, 2026
LGI HOMES, INC.
By:/s/ Eric Lipar
Eric Lipar
Chief Executive Officer and Chairman of the Board


Source: View Original Filing on SEC EDGAR

FAQ

What auditor change did LGIH disclose in this 8-K filing?

LGI Homes disclosed that its Audit Committee dismissed Ernst & Young LLP and appointed Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, following a competitive selection process among auditing firms.

Did LGIH report any disagreements with Ernst & Young in the auditor change?

LGI Homes reported no disagreements with Ernst & Young on accounting principles, financial disclosure, or audit procedures for 2024, 2025, or the interim period. It also stated there were no reportable events as defined in Item 304(a)(1) of Regulation S-K during that timeframe.

How did Ernst & Young’s prior audit opinions for LGIH look?

Ernst & Young’s audit reports on LGI Homes’ consolidated financial statements for the years ended December 31, 2025 and 2024 contained no adverse opinions, no disclaimers of opinion, and were not qualified or modified for uncertainty, audit scope, or accounting principles, according to the company.

Did LGIH consult Deloitte before appointing it as auditor?

LGI Homes states that neither the company nor anyone on its behalf consulted Deloitte & Touche on applying accounting principles to specific transactions or on potential audit opinions, and no written or oral advice from Deloitte influenced accounting or reporting decisions before this appointment.

What additional document from Ernst & Young did LGIH file with this 8-K?

LGI Homes requested and filed a letter from Ernst & Young LLP dated June 9, 2026, as Exhibit 16.1. The letter is addressed to the Securities and Exchange Commission and responds to the company’s disclosures about the auditor change described in the current report.

Filing Exhibits & Attachments

4 documents

Other Documents