Sales are up across the board this year for Netflix Inc., but executives’ base salaries are decreasing.

The company reported in a filing with the U.S. Securities and Exchange Commission  on Monday that CEO Reed Hastings, chief content officer Ted Sarandos, and chief product officer Neil Hunt will each take reductions in their annual base pay, with each executive set to earn $1 million in base pay next year. This represents a $2 million pay cut from 2014 for Hastings, a $1.8 million pay cut for Sarandos, and a $750,000 pay cut for Hunt. Netflix is No. 7 in the Internet Retailer Top 500 Guide. 

Each of the three executives will see increases in other compensation areas. Monday’s filing shows that Hastings is now eligible for an annual stock option allowance of $13.7 million, an increase of 356% from last year. Sarandos is now eligible for a $9.6 million stock option allowance, up 336% from last year. He’s also up for an estimated target bonus of $2 million. Hunt, meanwhile, sees his annual stock allowance increase $100,000, from $1.750 million to $1.875 million. He’s also up for an estimated target bonus of $5 million. According to Monday’s filing, Sarandos and Hunt will receive those bonuses only if specified performance goals are met. Those goals were not listed in Monday’s filing.

A Netflix spokeswoman says the changes in executive compensation were made with an eye on the future.

“Given our expansion in both new territories and original content, Netflix requires strong judgment by seasoned executives, all of whom are betting a large portion of their compensation on the company’s success,” she says. 

Through the first three quarters of the fiscal year, Netflix is reporting revenue of $4.02 billion, up 25.6% from $3.20 billion during the same period last year.