I would interpret the evidence 180 degrees in the opposite direction. Wouldn't the increased footprint mean that Uber has more costs in less profitable areas?

I would interpret the evidence 180 degrees in the opposite direction. Wouldn't the increased footprint mean that Uber has more costs in less profitable areas? (It seems logical that Lyft would have pretty equal coverage in the profitable areas). And Uber Eats + other services hemorrhage money -- I read that Eats has something like a $1b/year burn rate, even leveraging much of Uber's other infra. (Also, aren't Q2 earnings are usually in July?)