The streaming giant announced the cancellation of the show on Thursday after three seasons.
Based on the successful show created by Normal Lear, presented in 1975, the reboot featured a Cuban-American family and touched on current issues.
"It was a great honor to work with the legendary Norman Lear on One Day. I spoke with Norman and co-creators Gloria Calderon Kellett and Mike Royce personally to express my gratitude to them, to all the writers, to the dedicated crew and to the cast, including the brilliant Justina Machado and the dazzling Rita Moreno, for creating a series with such humor, heart and humanity, "said Ted Sarandos, Netflix chief content officer, in a statement.
"This was a very difficult decision, and we are grateful to all the fans who supported the series, our Sony partners and all the critics who have embraced it, while it is disappointing that more viewers do not have discovered One Day at a Time, I believe the series will stand the test of time, "added Sarandos.
The show saw Machado as a veteran of the Iraq, lifting the children with his mother, played by Moreno.
"I don't even know how to begin to express my gratitude to everyone. Truly, I am so honored that we got to tell our stories. Yes, it was a Latin family but it was a universal story of family and love: a Familia americana, "Machado tweeted.