Ultra-low-latency machine learning and data processing pipelines operating on the sub-microsecond level often contain static dataflow kernels that require fine-grained bitwidth control, arithmetic optimization, and fast hardware performance estimation. This works introduce Alkaid, a free and open source domain specific compiler that translates sub-microsecond latency dataflow kernels into platform agnostic Register Transfer Level (RTL) or High-Level Synthesis (HLS)-ready code in seconds. Alkaid targets ultra-low-latency ML pipelines, especially those addressed by existing ML-to-hardware flows such as \texttt{hls4ml}, while also supporting the surrounding pre-processing, post-processing, and control logic. At its core, Alkaid uses an arithmetic centric intermediate representation, Alkaid Low-level IR (ALIR), to preserve fixed-point semantics, heterogeneous bitwidths, and operation level structure for optimization and code generation. Alkaid further provides comprehensive hardware-aware optimization passes and an interpretable white-box analytical performance model for rapid design space exploration without synthesis in the loop. Across representative ML workloads, including MLPs, GNNs, and transformers, Alkaid achieves 20-30\% lower LUT usage than the best prior flows for bit-exact equivalent designs, with up to 40\% lower latency in some cases. Beyond typical neural networks, Alkaid achieves comparable performance to the state-of-the-art method for synthesizing boosted decision trees, while also enabling the implementation and integration of non-ML kernels such as sorting networks and histograms.

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