Jennifer Lawrence dazzles in a plunging leather ensemble at a pre-SAG Awards party.

Jennifer Lawrence is taking the plunge.

The “Silver Linings Playbook” star, 32, might have skipped the SAG Awards 2023 red carpet yesterday, but she made a bold statement in a super-low-cut look at a W magazine party ahead of the event on Friday.

Wearing Alaïa from head to toe, the actress selected a black blazer with a plunging front that showed off her curves, which she styled sans shirt.

She paired the piece with a black leather maxi skirt, Mary Jane heels ($1,150) and a shoulder bag ($3,100) from the same luxury label for the magazine’s annual Best Performances Party.

Lawrence wore her blond hair in beachy waves for the event, showing off a natural bronzed makeup look and skipping any flashy accessories.

She joined stars such as Kate Hudson and Camila Morrone at the bash — along with Austin Butler and Kaia Gerber, who were “making out all night,” a source tells Page Six.

The party marks a rare appearance for the “X-Men” actress, who has kept a low profile since the birth of her first child, Cy, last February.

Lawrence — who is married to art dealer Cooke Maroney — took a several-year hiatus from acting ahead of her son’s birth, but returned to screens in 2022’s “Causeway.”

With her baby boy recently turning 1 and the upcoming film “No Hard Feelings” on the horizon, perhaps we’ll see more of Lawrence on the red carpet soon.