Can I download .pbix files from workspace and continue updating after laptop format?

Hello everyone. I have a question—I currently have a couple of published dashboards, and they are for reporting purposes for some areas of my work. Since we've just started using Power BI, I have the files, and I update and publish when the data is updated (it's not automated because it's on demand, not set up on a time schedule). The datasets are Excel files, and they are shared with my work email through OneDrive, and I have them pinned in Windows Explorer because multiple people modify these Excel files daily. The problem arises because my laptop is going to be formatted for X reasons by the IT team, and my question is: I can access my workspace and download the .pbix files along with their data—if they share access to the datasets with me again after formatting, could I continue updating without any problems? Or would I have to configure something again?