diff --git a/src/helpers/format.ts b/src/helpers/format.ts
index e433ae7ae8..d70e8540da 100644
--- a/src/helpers/format.ts
+++ b/src/helpers/format.ts
@@ -113,6 +113,9 @@ function parseFormat(formatString: Format): InternalFormat {
 export function formatValue(value: CellValue, format?: Format): FormattedValue {
   switch (typeof value) {
     case "string":
+      if (value.includes('\\"')) {
+        return value.replace(/\\"/g, '"');
+      }
       return value;
     case "boolean":
       return value ? "TRUE" : "FALSE";
diff --git a/tests/helpers/format.test.ts b/tests/helpers/format.test.ts
index 20aec59d92..f7b8e983c6 100644
--- a/tests/helpers/format.test.ts
+++ b/tests/helpers/format.test.ts
@@ -1,6 +1,18 @@
 import { parseDateTime } from "../../src/helpers";
 import { formatValue, isDateTimeFormat } from "../../src/helpers/format";
 
+describe("formatValue on string", () => {
+  test("apply on regular strings", () => {
+    expect(formatValue("")).toBe("");
+    expect(formatValue("test")).toBe("test");
+    expect(formatValue("test", "#,###.0")).toBe("test");
+  });
+
+  test("apply on strings with escape characters", () => {
+    expect(formatValue('Hello \\"world\\"')).toBe('Hello "world"');
+  });
+});
+
 describe("formatValue on number", () => {
   test("apply default format ", () => {
     expect(formatValue(1)).toBe("1");
diff --git a/tests/plugins/cell.test.ts b/tests/plugins/cell.test.ts
index 300800755f..2bf092f3c0 100644
--- a/tests/plugins/cell.test.ts
+++ b/tests/plugins/cell.test.ts
@@ -106,6 +106,12 @@ describe("getCellText", () => {
     const result = clearCell(model, "A1");
     expect(result).toBeCancelledBecause(CommandResult.NoChanges);
   });
+
+  test("escape character is not display when formatting string", () => {
+    const model = new Model();
+    setCellContent(model, "A1", '="hello \\"world\\""');
+    expect(getEvaluatedCell(model, "A1")?.formattedValue).toBe('hello "world"');
+  });
 });
 
 describe("link cell", () => {