Background: Necrotizing pneumonia (NP) is a severe complication of pediatric community-acquired pneumonia, associated with prolonged hospitalization and morbidity. Early predictors remain poorly defined. We aimed to identify clinical and laboratory factors present at admission that predict NP by comparing children with NP to those with non-complicated pneumonia (NCP), and to evaluate outcomes. Methods: A retrospective cohort study at Hadassah Medical Center included all children diagnosed with NP between January 2010 and December 2024. Age-matched children hospitalized with NCP served as controls. Demographic, clinical, laboratory, imaging, and treatment data were extracted. Univariate analyses were followed by multivariable logistic regression to identify independent predictors. Results: Sixty-nine children with NP were compared with 456 with NCP. NP patients had longer duration of fever and cough before admission and poorer general appearance. NP was associated with higher inflammatory burden, including higher C-reactive protein (CRP) levels (25.9 vs 11.0 mg/L, p<0.001), higher neutrophil percentage, thrombocytosis, anemia, and hypoalbuminemia. In multivariable analysis (n=427), independent predictors of NP were prior antibiotic treatment (OR 3.39, 95% CI 1.55–7.42), longer pre-admission fever (OR 1.13/day, 95% CI 1.00–1.27), higher CRP (OR 1.10/mg/L, 95% CI 1.07–1.13), and poor general appearance, while good appearance was protective (OR 0.14, 95% CI 0.04–0.50). Conclusions: NP is associated with a distinct early clinical and inflammatory profile. Prolonged fever, prior antibiotic exposure, elevated CRP, and poor general appearance independently predict NP, supporting early risk stratification and closer monitoring.