"We made a joke in an interview about our salaries, which was taken out of context," Fonda and Tomlin said in a statement to TheWrap.
Last month, Fonda and Tomlin revealed during a press conference that they were making the same salary as their male co-stars Martin Sheen and Sam Waterson, despite the fact the men are only supporting characters while Fonda and Tomlin are the leads and executive producers.
"This doesn't make us happy," Fonda had said.
"No. The show is not Sol and Robert - it's Grace and Frankie," Tomlin added.
Outraged at yet another example the gender wage gap, fans created a petition to remedy the pay disparity. The petition is already close to reaching it's goal of 20,000 signatures, but Fonda and Tomlin think the issue has been blown out of proportion.
"This just reminds us to be mindful of how things come across in interviews," the actresses continued in the statement. "We appreciate everyone's support and the attention to this issue, but the structure of Grace and Frankie is fair, and we couldn't be happier to work with Skydance, Netflix and the great cast of this show."