Yes if you include the metadata in the image, which a lot of people inadvertently do (iPhone encourages it to organize pics nicely). But you can turn it off.

When you upload to most apps though, like nostr, they strip it out though.

You just really need to worry about it when sending direct to someone as far as I know. Easy workaround if not sure is to screenshot the pic AFTER you disable location i think (if you want to leave info in original).