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Ak RAk R 

Report export file shows decoded html tags instead of field value which is of type formula(Text)

When trying to export a lightning report via Export -> Details Only -> ".xls" or ".csv" The exported files are showing decoded html tags in place of field value. eg: <a href="/a14f20000012oFU" target="_blank">Billsboros</a> The field is of type: formula(text) with hyperlink as formula.
How can this be avoided and correct field text value be shown?
SwethaSwetha (Salesforce Developers) 
HI Ak R,

Based on https://help.salesforce.com/s/articleView?id=000382893&type=1, this is considered expected behavior.
To get an export to contain just the URL value or email address, use the corresponding custom field types of Email and URL.

If this information helps, please mark the answer as best. Thank you